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DHL acquires German logistics company

Deutsche Post DHL Group has arranged to acquire a German logistics company specialized in the transport of alcohol for EUR 1.5 billion. The acquisition strengthens the company's position in ocean freight.

Photo: Jonas G'ttler/AP/Ritzau Scanpix

Deutsche Post DHL Group has entered into an agreement to acquire German logistics company Hillebrand, which is specialized in the transport of alcohol, at a price of EUR 1.5 billion (USD 1.76 billion).

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