Deutsche Post

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Deutsche Post AG

Type	Public ISIN: DE0005552004
Founded	1995
Headquarters	Bonn, Germany
Key people	Klaus Zumwinkel, chief executive
Industry	Postal Service, Air Courier
Employees	502.545
Slogan	"Menschen erreichen" ("reach people")
Website	www.dpwn.com

Deutsche Post Tower in Bonn

Deutsche Post AG (ISIN: DE0005552004, LSE: DPO) is a German post, logistics and courier headquartered in Bonn, previously the German state-owned mail monopolist. It has 500,000 employees in more than 220 countries and territories worldwide and generated revenue of € 60.5 billion ($ 80.65 billion) in 2006.

1 Corporate divisions
2 Mergers and acquisitions
3 Trivia
4 Ownership
5 See also
6 External links

[edit] Corporate divisions

Deutsche Post operates through four business divisions:

The mail division delivers approximately 70 million letters in Germany, six days a week and provides services across the entire mail value chain, including production facilities at central hubs, sales offices and production centers on four continents, as well as direct connections to more than 200 countries.
The express division transports courier, express and parcel shipments all over the world, combining air and ground transport, under the DHL brand.
The logistics division, which also operates under the DHL brand (DHL Global Forwarding and DHL Exel Supply Chain), provides a range of international logistics services and has long-term contracts with major and multinational companies in a variety of industrial sectors.
The financial services division operates through its Deutsche Postbank AG subsidiary, a retail bank network in Germany, which has approximately 14.5 million customers.

The company was privatised in 2000 and is now the world's leading logistics provider.

[edit] Mergers and acquisitions

Deutsche Post acquired Airborne Express in August 2003 and integrated it into DHL, which is now known as DHL Express.

On 20 September 2005 the company announced that British logistics company Exel had agreed on a £3.7 billion (€5.5 billion) takeover. The combined revenue of the two companies was €50 billion over 2004.

In 2006 DHL GlobalMail UK merged with Mercury International.

[edit] Trivia

In 2002 it was granted a license to deliver mail in the United Kingdom, breaking Royal Mail's long-standing monopoly.
Deutsche Post offers a service called a Garagenvertrag (literally "garage agreement" in English) to its German customers. The postman can leave packets and parcels in a specified place (such as the garage, or a neighbour's house) if the addressee is not at home to receive them. This saves the recipient a trip to the post office to pick up their mail.