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01 Jan 2021

 

Storm Rannard for Insider News reports - Geman giant moves for UK Mail

 

Insider news report - Germany's Deutsche Post DHL looks set to acquire UK Mail after a £242.7m takeover bid was recommended to shareholders of the parcel delivery business. Under the terms of the offer, UK Mail shareholders will receive 440 pence per share and will also be entitled to an interim dividend of 5.5 pence per share. Peter Kane, chairman of UK Mail, said: "We have made good strategic progress in recent years, establishing leading positions in our key markets of parcels and mail, investing in additional capacity in our operations and in IT and product and service innovation. "However, the board believes that UK Mail will benefit significantly from becoming part of Deutsche Post DHL, and will be better positioned to continue to develop our parcels and mail businesses with the benefit of Deutsche Post DHL's greater financial and operational resources." The offer is subject to approval from UK Mail shareholders. The company's directors were advised by Investec Bank and described the bid as "fair and reasonable". Jürgen Gerdes, board member of Deutsche Post DHL, added: "The on-going expansion of our parcel network in Europe is driven by increasing demand within our e-commerce customer base for cross-border deliveries.

uk mail logodpdhl group flags 260x173

 

Published in IoC news

AELP logistics in employer heartland of levy for Express trailblazer.

UK Mail director John Nolan was at the heart of naming the Express trailblazer alongside CitySprint and TNT. What better host for an AELP training provider focus on Trailblazer delivery?

UK Mail sortation site in transport hot-spot on the A45 opened their doors to host the Association of Learning Providers Logistics Forum Sept 22nd. A full house of training providers, colleges and award bodies packed the event to receive strategic updates on Trailblazer, levy & RoATP. Quality and excellence in logistics sortation all around the group at the 22 acre, 55 million pound site set the scene for a strategy update with the very latest govt views on employer involvement to levy in logistics and express.

Carl Lomas, secretary for  Express Trailblazer, Bill boards in the streets

Degree Apprenticeships will be the game changer that brings a new perception to every level of apprenticeship.

 

Published in IoC Qualifications

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