Deutsche Post Overview
Deutsche Post is a popular name in the global courier industry. The company started their postal service in 1995 and since then expanded to various countries worldwide. The corporate head office of the company is situated in Bonn, Germany. In 2017, the total equity of the company was €12.637 billion whereas the net income of the company in the same year was €2.965 billion. They employ more than 510,000 employees globally that make one of the biggest employers in their respective industry. The owners of Deutsche Post are Free Float and KFW Bank. The Free Float owns 79 % share in the company, and KFW bank has 21% shares. The organization delivers more than 61,000 letters every day alone in Germany. The company is the largest postal organization in Europe. The express division of the company is present in more than 220 countries. The courier's company also listed in Frankfort Stock Exchange as DPW. The head of music streaming service is Oliver Schusser.
Deutsche Post History
They were founded under the name Deutsche Post AG on 2 January 1995. In 1998, the company started purchasing stakes in DHL International. In 2000, the company acquired Swiss Distribution Company Danzas. The company turns into a fully private company on 20 November 2000 with new Board of Directors. As of 2018 records, the Chief Operating Officer of the company is Frank Appel.
Divisions
The company divided into several divisions like Parcel Division, Express Division, Freight Division, and DHL Supply Chain Division. The Express Division provide courier, express and parcel shipment service across the world. The division also owned several airlines named as European Air Transport Leipzig, DHL Air UK, DHL Aero Expreso, SNAS, and Blue Dart Aviation. The Express Division divided into five business units named as Europe, Asia Pacific, Americas, Europe, Middle East, and Africa. The company operates several brands named as Street Scooter, DHL Express, Deutsche Post and Power Packaging.
