Danzas Gets Stake In Finnish Logistics Group

Monday, April 03, 2000
Deutsche Post unit Danzas AG has acquired a 49 percent stake in Finnish logistics group Kelpo Keljetus Fi Oy, a wholly owned subsidiary of Finland Post Ltd., Danzas officials said. No financial details were given.

Kelpo, launched in 1999, focuses on the national transport of part-load and groupage traffic as well as parcels. It has annual sales of around $47.8 million and employs 860 staff.

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