January 27, 2015 3:09 PM ET

Air Freight and Logistics

Company Overview of La Poste Société Anonyme

Company Overview

La Poste Société Anonyme engages in mail, parcel, and banking businesses in France and internationally. The company offers traditional and digital mail, direct marketing, data management, electronic registered mail, and mobile telephony services to SMEs and very small businesses. It also provides B to C and B to B express parcel delivery services through its Parcels-Express network in Europe. In addition, the company provides retail banking and insurance products and services, such as consumer credit, social micro-credits, online banking services, and savings accounts; and asset management services for private individuals and companies in France. It operates approximately 5,191 automated cas...

44 Boulevard De Vaugirard

Cedex 15

Paris,  75757

France

Founded in 1879

257,870 Employees

Phone:

33 1 55 44 00 00

Fax:

33 1 55 44 33 00

Key Executives for La Poste Société Anonyme

Chairman of the Board
Age: 58
Chief Financial Officer and Executive Vice President
Age: 53
Head of Strategy & Development
Age: 65
Senior Vice President and Communications Director
Age: 49
Group Senior Vice-President and Director of Human Resources & Labour Relations
Compensation as of Fiscal Year 2014.

La Poste Société Anonyme Key Developments

La Poste and Renault Sign Agreement for Eco-Mobility Solutions

La Poste and Renault have signed an agreement for eco-mobility solutions. The companies plan to develop pilot projects in four areas: improving vehicle range, cleaner vehicles for urban areas, different sizes of electric vehicles (EVs), and connected vehicles. The agreement coincides with the delivery of the 5,000th Renault Kangoo Z.E. EV to the Issy les Moulineaux La Poste site, south of Paris (France). The agreement with La Poste will further advance the automaker's EV reach in the country to a company running one of the large fleets in the country with around 69,000 vehicles.

La Poste Considers Acquisitions

La Poste Société Anonyme will consider acquisitions. La Poste will invest €6 billion in its business and set aside €2 billion for acquisitions in the next 6 years. Philippe Wahl, chairman and Chief Executive Officer of La Poste, presented plans to achieve a €25 billion turnover by 2020. Wahl is planning to invest in La Poste itself, and in acquisitions, in order to reach the financial goals for 2020.

GeoPost Not Interested In TNT

GeoPost S.A. is not interest in acquiring TNT Express N.V. Paul-Marie Chavanne, President and Chief Executive Officer of GeoPost, "We are not interested in TNT. It’s not possible for La Poste Société Anonyme to make an acquisition of that size. Moreover, an acquisition of TNT could create competitive problems in France requiring an onward sale of TNT France." He also added that GeoPost had not been interested in TNT’s China business and was not interested in its Brazil operations either. La Poste Société Anonyme is parent of GeoPost. However he said that GeoPost is interested in diverse minor acquisitions, such as of the remaining franchisees of SEUR, S.A.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
April 9, 2014
Neopress
 

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