Hints and tips:
...PJT also hired John Allan, former chief executive of logistics company Exel, as a senior adviser based in London, according to an internal memo....
...He also has considerable knowledge of logistics, through his time as chief executive of Ocean Group, which became Exel, from 1994 to 2000....
...As chief executive of freight company Ocean Group in the 1990s, Mr Allen orchestrated a bold merger with rival NFC that led to the creation of Exel, the logistics group....
...Group chairman Bob Lawson has stepped down from the board, being replaced by John Allan, the former chief executive of logistics group Exel. The change was first announced in September....
...In 2005, it paid £3.7bn to take over Exel, a UK logistics company....
...In 2005, for example DHL of Germany took over the UK’s Exel in a deal worth about €5.9bn, but for the most part deals have been smaller in size as logistics companies have filled in specific service and...
...In 2005, DHL took over the UK’s Exel, while in 2009 DHL pulled out of services in the US, leaving the market there to UPS and FedEx....
...In 2004, the UK’s Tibbett & Britten was acquired by US-based Exel, which the following year was bought by Deutsche Post, which had already acquired DHL Express....
...Other examples include DHL Exel Supply Chain, the transport and logistics group, which has continued to deliver its “Active Leadership” skills development programme for managers....
...As head of Exel, the UK logistics company, Mr Allan was behind the £3.7bn ($5.5bn) sale to Deutsche Post in 2005....
...Deutsche Post’s £3.7bn to acquire Exel, the UK-based logistics group, in 2005 has so far been the biggest deal in the sector....
...Other positions held include managing a private equity-backed hospital chain, head of Europe for Exel, the logistics group, and leading Monitor, a management consultancy....
...Deutsche Post, Europe’s largest operator, has been more aggressive in expanding internationally, notably through the acquisition of DHL, the shipment company, in 2002, and Exel, the logistics group, in 2005...
...He joined the company after Deutsche Post bought Exel, the UK logistics firm of which he was chief executive, in 2005....
...Montagu Private Equity bought the 110-year-old company last year for just £205m from logistics group Exel. Deutsche Bank has been appointed to handle the sale and an auction process has started....
...The costs of further integration in the US alongside expenses of about €280m in 2006 from its £3.8bn ($6.6bn) acquisition last year of Exel, the UK logistics company, mean Deutsche Post is targeting an operating...
...If Deutsche Post and Exel handle the logistics of their merger as deftly as the logistics that led to it, the deal will be a great success....
...Deutsche Post is set to announce an agreed takeover of Exel on Monday that values the UK logistics company at about £3.6bn ($6.5bn) and could create the world’s biggest logistics group....
...Deutsche Post, the German postal group on Wednesday upped earnings guidance after closing its £3.8bn ($4.5bn) deal with UK logistics group, Exel....
...The logistics industry has seen a wave of merger and acquisition activity with Exel, the FTSE 100 logistics group, recently bought by Deutsche Post of Germany....
...UBS and Merrill Lynch are advising Exel....
...John Allan, Exel’s former chief executive, now runs the enlarged logistics division of Deutsche Post, which bought its UK rival in September last year....
...Exel, the logistics group, said it had received an approach from Deutsche Post, sending shares up 17.3 per cent to £11.78½p....
...But in another part of contract logistics, DHL Solutions is in an uncharacteristic fifth place, behind Exel, the market leader....
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