DHL 1999 Annual Report Download - page 36

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Milestones
Acquisition of Postbank (D). Deutsche Post World Net
acquires the German government’s remaining shares of
Postbank as of January 1, 1999.
Launch of eVITA. Deutsche Post goes online with its
new Internet marketplace at http: //w ww.eVita.de.
This virtual marketplace offers visitors information
on topical subjects in the five fields of Family, Fit-
ness, Work, Wining & Dining, and Computers. Co-
operating Internet shops also invite visitors to
purchase their goods and services at the eVITA site.
As a service to these companies, Deutsche Post
World Net offers to handle their logistics activities.
Stake in GFT (D). Using a strategic shareholding in
GFT, an information technology company, as a
springboard, Deutsche Post World Net plans to fur-
ther expand its new e-Commerce Services business
segment and foster the use of information technol-
ogy.
Acquisition of Nedlloyd (NL). Deutsche Post World
Net announces its acquisition of 100 percent of the par-
cel and logistics division of the Dutch company Royal
Nedlloyd. Deutsche Post World Net will integrate Nedl-
loyd’s parcel business into its pan-European distribu-
tion network. Less-than-truck and logistics activities
will be merged with Danzas’s operations.
Acquisition of Qualipac (CH). Deutsche Post expands
its market presence in Sw itzerland with its acquisition
of Qualipac, the third largest company on the Swiss
parcel market.
Stake in ITG (D). Deutsche Post World Net acquires a
majority stake in Internationale Spedition GmbH (ITG)
which operates out of Munich. ITG specifically targets
the textile industry with a comprehensive range of con-
tract logistics services.
Bid for ASG (S). Danzas in its capacity as a Deutsche
Post World Net subsidiary submits a bid to acquire a
majority holding in Sw eden’s ASG AG, one of Scandi-
navia’s leading logistics firms. This move will close a
geographic gap in its operations.
Launch of PREMIUM. The starting shot is fired for the
PREMIUM project w ith the objective to coordinate the
integration of Deutsche Post World Net’s new subsi-
diaries and associates. Headed by the Board of M an-
agement, the project’s 13 steering committees will
implement the four pillars of Deutsche Post World Net’s
corporate strategy in all its corporate divisions.
Acquisition of a majority interest in Danzas (CH).
The requirements for Deutsche Post World Net’s acqui-
sition of Danzas Holding AG, one of the world’s leading
logistics companies, have been met. With this acquisi-
tion, Deutsche Post World Net reaches another mile-
stone in its efforts to offer its customers one-stop-shop-
ping for international package solutions along the
entire logistics chain.
Entry into mail-order trade logistics. Deutsche Post
Fulfilment GmbH takes charge of all logistics activities
for Völkner Electronic GmbH & Co. KG. Working out of
Bremen, it handles all activities involved in order pro-
cessing for Tchibo Versand GmbH.
January
February
March
April
May
Acquisition of Janssen advertising agency (D).
Deutsche Post acquires Janssen, a Düsseldorf-based
advertising agency and one of the most high-powered
providers in the household advertising market (bro-
chures and product samples).
Launch of the Forward Program at Postbank.
Postbank implements its most important strategic goals
with the launch of its Forward Program which is aimed
at growing its lending and commission business, ex-
panding its position as a multichannel bank and
realigning its information technology.
June
Stake in Guipuzcoana (E). Another step toward com-
pleting Deutsche Post World Net’s European network is
taken with the acquisition of a 49-percent stake in the
Spanish distribution company Guipuzcoana. Deutsche
Post World Net also has the option of acquiring a fur-
ther tw o percent of Guipuzcoana’s stock in three years’
time.
Announcement of Postbank’s acquisition of DSL
Bank (D). Postbank announces plans to acquire the
German government’s interest in DSL Bank in order to
strengthen its lending business.
July
Acquisition of Orgadis (F). Deutsche Post World Net
expands its parcel netw ork in France with the acquisi-
tion of the French express and parcel company Orgadis.
Launch of Euro Express. The German and European
parcel and distribution network operated by Deutsche
Post World Net and its partner companies goes on the
market under the new name Euro Express.
Bid for AEI (U.S.A.). Deutsche Post World Net signs a
takeover agreement with Air Express International
(AEI), the largest international air freight service pro-
vider in the United States. Plans foresee integrating all
AEI activities into the Danzas Group’s Intercontinental
business unit. With this move, Danzas becomes the
world’s leading provider of air freight services.
Digital signature – Trust Center. Adding digital sig-
natures to its service lineup, Deutsche Post World Net
sets up a new Internet-based business segment. Digital
signatures take the place of written signatures in the
Internet, making it possible to effect legally binding
transactions using electronic means.
100th Center outlet - 1,000th open-service retail
outlet. Deutsche Post World Net’s 100th Center outlet
opens its doors to the public. A total of 720 Center out-
lets offering all postal services and Postbank’s complete
range of financial services are to be serving the entire
country by the year 2002. The 1,000th open-service retail
outlet is also inaugurated. The open-service concept uses
open service counters rather than the traditional en-
closed window s that separate agent from customer.
Participation in E-Stamp (U.S.A.). September sees
Deutsche Post World Net’s acquisition of a stake in the
American company E-Stamp Corporation, a pioneer in
the development of a system for directly franking
letters using a PC.
August
October
November
December
September
Acquisition of YellowStone (U.S.A.). Deutsche Post
World Net acquires YellowStone, an American company
that specializes in the dispatch of international press
items, addressed bulk mail and catalogues. This step
expands the range of services offered by Global Mail,
an American letter service provider that joined the
Deutsche Post World Net Group in 1998.
Court confirms interpretation of remailing. The
Düsseldorf Regional Court confirms Deutsche Post
World Net’s stance on the remailing system. Accord-
ing to this ruling, domestic mailers who mail domes-
tic items from other countries are required to pay
the difference between German domestic postage
rates and the terminal dues which foreign postal
services must pay to Deutsche Post World Net under
the international clearing system.