Deutsche Post to sell Vfw
DHL’s parent company Deutsche Post AG plans to sells its Cologne-based reverse logistics company Vfw AG that it acquired last year as part of the takeover of Exel.
“It has been decided that this business is not a key focus for Deutsche Post AG in Germany,” Deutsche Post said in a statement.
Deutsche Post has employed Frankfurt-based investment bank Metzler to advise on the sale.
Deutsche Post to sell Vfw
