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DPWN purchases Exel UK

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Freight Dogs Finally a forum for those midnight prowler types who utilise the unglamorous parts of airports that many of us never get to see. Freight Dogs is for pilots and crew who operate mostly without SLF.

DPWN purchases Exel UK

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Old 8th Sep 2005, 18:18
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Excel Logistic

I wonder with the Interest shown by Germany's Deutsche Post in acquiring UK logistics company Exel @(3.4 billion pounds).EST

Exel, which provides global freight delivery and storage services, has beefed up its business and last year became the world's largest contract logistics firm when it bought haulier Tibbett & Britten for 328 million pounds.

Deutsche Post is expanding its DHL express courier and logistics business and its mail business abroad in order to reduce its dependence on the domestic German postal market,

I wonder what implications this has for aircraft and Airports in which they use as bases etc

UPS, Fed Ex etc are also expected to make offers
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Old 19th Sep 2005, 11:35
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DPWN purchases Exel UK

Yes , but did they pay too much at some 3.5 Billion Sterling ? FedEx and UPS are yet to respond..... developing...
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Old 22nd Sep 2005, 08:52
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In response the rumours going around..............

I have not bought Exel UK!!!!!!!!!!

I did use my money to buy some stuff in the supermarket last night though. Perhaps that would make a more interesting thread:

"DPWN purchases a bag of potatoes, a loaf of bread and some ketchup!"

I don't expect a response from Fed Ex or UPS either but they are too late anyway coz i've eaten most of it!

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Old 22nd Sep 2005, 11:38
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Camel Shagger -

I thought you had staff to do such boring tasks mate

Anyways, subject to competition authorities approving the deal, Exel has been bought for around 3.8 Billion quid.
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