DHL Express has reached an agreement to sell its Dutch subsidiary Dedicated Distribution Services (DDS) and its Belgian subsidiary Van Osselaer Pieters Colli Service (VOP) to Österreichische Post.
The parties have agreed not to disclose the value of the transactions.
The disposal of these subsidiaries is a further step in DHL’s strategy to optimize the strategic synergies within the Express organization.
The transaction will not have any effect on the services provided to existing customers.
“It is our explicit strategy within DHL Express Global to focus on core express products and services,” said John Mullen, CEO of DHL Express Global and member of DPWN’s management board.
The current sale of the two Benelux subsidiaries is another milestone in DHL`s strategic approach to simplify its business processes and to increase the transparency of its product offerings.
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