TOP 10
02
Deutsche Post acquires DHL
96
Dating back to 1998 , Deutsche Post had a long standing interest in DHL International . Over the course of the next five years Deutsche Post continued to expand and intensify its interest in the company , acquiring a total 75 % majority stake in DHL In July 2002 . By December 2002 , DHL became a wholly owned subsidiary of Deutsche Post after it acquired the remaining percentage . “ The merging of capabilities is an example of the synergies possible within the Deutsche Post World Net group of companies . The combined strength of Deutsche Post Global Mail ’ s network and DHL ’ s express network benefits customers with one of the most robust and technologically advanced global networks in the international mail market offering convenience , efficiency and cost savings ,” commented Randy Clark , Senior Vice President , the Americas , DHL Worldwide Express .
DATE DECEMBER 2002 DECEMBER 2020