KarstadtQuelle sells large parts of logistics operation to Deutsche Post
- DHL to operate goods distribution centre and regional warehouse in future
- Contract value of 5 billion euros over 10 year
Deutsche Post World Net, with its express and logistics subsidiary DHL, will with effect from 01.04.2005 be taking over large parts of the KarstadtQuelle Group's logistics operation. This was announced by Deutsche Post World Net and KarstadtQuelle AG at a joint press conference held today (Monday) in Essen.
As Dr. Christoph Achenbach, Chairman of the KarstadtQuelle AG Management Board, stated, agreement has basically been reached on the sale of the department store logistics and large- and part-load operations: "The sale of these logistics operations is a major step in the reorganisation of our group. I am pleased that in the Deutsche Post we have found a partner which will operate large parts of our department store and despatch logistics operations to the highest professional standard."
Dr. Klaus Zumwinkel, Chairman of the Management Board of Deutsche Post World Net, emphasised the importance of the transaction, which with annual sales of about 500 million euros and a contract term of ten years means a total value of 5 billion euros: "The Deutsche Post World Net, by its takeover of what is at present Europe's largest logistics contract, is once more demonstrating its competence in the area of supply chain management. No other company is in a position at present to take over so complex a structure and immediately guarantee a smooth supply to the department stores and delivery to mail order customers."
With effect from 01.04.2005 DHL Solutions, a Deutsche Post subsidiary, will be taking over distribution logistics for Karstadt Warenhaus AG, together with staff. This operation includes the Unna/Holzwickede goods distribution centre, the jewellery warehouse in Essen, the industry centres in Essen-Vogelheim and Brieselang, Brandenburg, and the regional logistics centres in Hamburg, Berlin, Kirchheim b. München, Düsseldorf and Karlsruhe. The logistics real estate comprises useful space totalling over 700,000 sq. m.
Altogether 2,650 staff are employed in this sector. The sales volume amounts to 260 million euros per annum.
Likewise the bulky-goods and part-load operation (e.g. TV-sets and furniture) of the mail-order suppliers Quelle and Neckermann will be run by DHL Solutions in future. Here the sales volume comes to about 270 million euros; some 1,000 staff are employed at 11 locations. These include Nuremberg, Ettlingen, Groß-Gerau, Bochum, Oranienburg, Niederau, Lehrte, Bücknitz, Heideloh, Brieselang and Rennerod. Useful space here totals 470,000 sq. m.
The transfer of all staff is planned for 01.04.2005. The transaction is subject to the approval of the supervisory bodies and the relevant authorities.