DPD guys Geis Parcel CZ and SK

by   CIJ iDesk I
2019-11-06   06:38

DPDgroup has acquired the courier company Geis Parcel CZ and Geis Parcel SK for an undisclosed price. Parcel delivery made up 25 percent of the turnover of Geis in the Czech Republic, while the figure was just six percent in Slovakia. "In the future we want to concentrate on our traditionally key activities," said one of its managing partners Hans-Georg Geis. DPD CZ and DPD SK are owned by GeoPost, a company that employs 75,000 people worldwide. The company produced €7.3bn in revenues in 2018.