GeoPost is pursuing its development in Spain and has just acquired the Baix de Llobregat franchise, one of the biggest in Catalonia, via the GeoPost SEUR Company, 60% of which is owned by GeoPost and 40% by SEUR SA.
This franchise makes an annual turnover of 17 million euros, has two depots, employs a total of 51 employees and is supported by a pool of 62 subcontractors.
Yves Delmas and Juan Carlos Lopez
According to Yves Delmas, CEO of GeoPost SEUR, it is a fundamental stage of establishing our Group in Spain: Firstly, it is a particularly dynamic and profitable franchise, located in an area with strong industrial potential near Barcelona airport. In addition, GeoPost SEUR is getting a foothold in a key economic region of the Iberian Peninsula, both with regard to its importance in the domestic economy and for its key role in the development of international flow.
After the acquisitions of Madrid, Bilbao, Zaragoza and Soria, this operation confirms the development of GeoPost’s presence within the SEUR Group. Juan Carlos López, who is already the manager of the Baix de Llobregat franchise, will continue to ensure its management.
About GeoPost
GeoPost is a leading player on the global parcels and express market, operating in more than 30 countries under brand names such as DPD, Chronopost, Parceline, Masterlink. GeoPost is Europe’s third largest provider of express and deferred parcels services, recording a global turnover of EUR 2.5 billion in 2005. GeoPost is wholly owned by France’s national postal service Groupe La Poste.
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