Navigation

Swiss Post buys German mail company

Swiss Post logo Keystone

The Swiss Post is strengthening its position outside Switzerland with the acquisition of a German company, Mail Distribution System, which is active in international mail.

This content was published on September 4, 2000 - 16:32

A statement from Swiss Post on Monday said the deal was retroactive to January 1 but gave no purchase price.

It added that the acquisition was a logical step. "It consolidates Swiss Post's position as leader of the Swiss market, strengthens its links with world networks and gives it a solid distribution structure in one of its key markets, enabling it to operate independently."

Swiss Post said MDS had become a prime player in the German market among the competitors of Deutsche Post.

MDS is active throughout Germany, mainly in the Cologne, Stuttgart and Munich areas.

swissinfo with agencies

This article was automatically imported from our old content management system. If you see any display errors, please let us know: community-feedback@swissinfo.ch

In compliance with the JTI standards

In compliance with the JTI standards

More: SWI swissinfo.ch certified by the Journalism Trust Initiative

Contributions under this article have been turned off. You can find an overview of ongoing debates with our journalists here. Please join us!

If you want to start a conversation about a topic raised in this article or want to report factual errors, email us at english@swissinfo.ch.

Share this story

Change your password

Do you really want to delete your profile?