Deutsche Post World Net

What is Deutsche Post World Net?

Deutsche Post is Germany's national postal service and the leading logistics company in Europe, with an eye on becoming the world's number one. It recently changed its brand (to Dertsche Post World Net, or DPWN) in preparation for listing, but also in recognition of the global nature of its business and the growing importance of e-commerce. DPWN is divided into four autonomous divisions: postal, logistics, express and financial services.

Deutsche Post AG is a privately owned postal company established by the privatization of the German Federal Post in 1995, and became a completely independent company in 2000. In order to prevent the drawbacks brought about by excessive marketization after the split of the German Federal Post, the government established the "RegulierungsbehordefurTelekommunikationundPost (RegTP)" (also maintained and supervised a reasonable competition mechanism in the field of postal and telecommunications services through the Postal Law). Since then, Deutsche Post has built the Deutsche Post International Network through corporate acquisitions (DHL, Postbank and Danzas, etc.).

Development history of Deutsche Post World Network:

In 1989, Deutsche Post was split into three different entities: Post, Telecom and Postbank.

In 1990, East and West Germany merged, and the two postal services also merged to become the German Federal Post.

In 1995, Deutsche Post became a joint stock company, Deutsche Post AG. The other two companies after the privatization of the privately owned postal company were Deutsche Telekom and Deutsche Postbank.

In 1998, Deutsche Post began to acquire shares in DHL International.

In 1999, Deutsche Post World Net acquired Neddloyd's Dutch distribution company Van Gend & Loos, and in 2000 it acquired Swiss distribution company Danzas.

In November 2000, Deutsche Post Group's shares were successfully listed, making it the leading European logistics company and also the world's largest listed logistics company and one of the constituent stocks of the Frankfurt DAX Index.

In December 2002, Deutsche Post AG acquired the remaining shares of DHL International.

In August 2003, Deutsche Post acquired Airborne Express, a Seattle company founded in 1946; in the same year, it integrated VarGend&Loos, Danzas, Airborne Express, and EuroExpress into DHL to form DHL Express.

In 2003, Deutsche Post acquired all shares of Firstmai, a private mail service provider in Düsseldorf.

On June 14, 2005, Kreditanstaltfur Wiederaufbau (Kfw) sold 114% of Deutsche Post shares worth 2 billion euros on the capital market. Since then, the state-owned assets of Deutsche Post have been less than 50%.

In December 2005, Deutsche Post acquired the British logistics company Exel for £3.7 billion (€5.5 billion).

In 2005, DHL Global Mail UK and Mercury International jointly entered into electric vehicle manufacturing.

At the end of 2014, Deutsche Post acquired Streetscootergmbh, a small electric vehicle manufacturer.

In December 2016, Deutsche Post Group acquired UKMail, a UK-based commercial postal service, for $315.5 million (£243 million). UKMail became a division of Deutsche Post's European Parcel Network.

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