DHL 2000 Annual Report Download - page 60

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52
Technical facilities renew ed
In the EXPRESS corporate division we invested a total of €545 million
during 2000.In the business division Express Europe we invested mainly
in implementing modern IT systems in the acquired companies Van Gend
& Loos and Guipuzcoana.Securicor Omega Express renewed its fleet of
vehicles.
Express Germany invested in creating a competitive infrastructure.Technical
plant, machines and buildings were renovated or replaced and powerful IT
systems put in place.
Global Mail invested above all in establishing and expanding sales structures
to tap into and penetrate new markets for this business division.
M ajority holding in DHL
The partnership with DHL International that began with the purchase of a
minority holding in 1998 was expanded further in 2000 and the collabora-
tion intensified.Together with Lufthansa Cargo, Deutsche Post World Net
founded Aerologic GmbH in the context of a strategic alliance.By pooling
their interests,both companies can jointly exercise their voting rights in DHL
International and further develop their cooperation in the area of logistics.
DHL International is the world’s market leader for cross-border express
shipments with annual revenues of €4.6 billion (2000).Within Deutsche
Post World Net it occupies the worldwide courier and express delivery
segment.
With our joint venture World Mail Services we are planning to offer a com-
bination of DHL’s international mail products and Deutsche Post Global
Mail’s services. DHL will organize the sale and pick-up of the products
while Deutsche Post Global Mail will sort, transport and deliver them.