UPS to Buy Polish Parcel Company

Share this article:
United Parcel Service Inc. said yesterday that it agreed to acquire Messenger Service Stolica S.A., a parcel and express delivery company in Poland.


Terms were not disclosed. UPS, Atlanta, expects to complete the transaction early in the second quarter of 2005, subject to customary closing conditions.


Stolica, Warsaw, offers customers a full suite of domestic delivery services through a nationwide network. The company has operated in Poland since 1993. Company sales in 2004 totaled almost $64 million.


UPS has offered service in Poland since 1992. In 2004, the year the country joined the European Union, UPS enjoyed a nearly 35 percent gain in export volume growth from Poland versus the prior year.


Melissa Campanelli covers postal news, CRM and database marketing for DM News and DMNews.com. To keep up with the latest developments in these areas, subscribe to our daily and weekly e-mail newsletters by visiting www.dmnews.com/newsletters


Share this article:
You must be a registered member of Direct Marketing News to post a comment.
close

Next Article in News

Sign up to our newsletters

Follow us on Twitter @dmnews

Latest Jobs:

More in News

Hawk Search Widens its Global Reach

Hawk Search Widens its Global Reach

Hawk Search's solution offers support for more than twice as many languages as other site search providers, according to the company.

Candidates Offer Change In The Form of Targeting

Candidates Offer Change In The Form of Targeting

A campaign for Ben Carson raised $2.8 million despite his lack of cooperation.

Target Names Retail Veteran Brian Cornell as CEO

Target Names Retail Veteran Brian Cornell as CEO

He leaves the top job at PepsiCo Foods to take the spot vacated by Greg Steinhafel in the aftermath of the data breach.

Copyright © 2014 Haymarket Media, Inc. All Rights Reserved
This material may not be published, broadcast, rewritten or redistributed in any form without prior authorization.
Your use of this website constitutes acceptance of Haymarket Media's Privacy Policy and Terms & Conditions.