DHL sells UK domestic parcel business to Home Delivery Network
| 05 January 2010
DHL, the world's leading logistics provider, agreed to sell its UK domestic parcel business to Home Delivery Network (HDN), a leading provider of domestic business-to-consumer parcel deliveries in the UK. HDN will assume all employees and facilities of the business. In order to leverage the core strengths of both companies the parties have entered a wider preferred supplier relationship, under which HDN will continue to use the DHL Domestic brand in the short term. This will enable domestic parcel customers of both companies to benefit from a wider range of services. Furthermore, the agreement also covers joint customer management processes as well as a preferred supplier status of DHL for logistics services.
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