DHL sells China supply chain business for €700m

Deutsche Post DHL has sold its supply chain operations in mainland China, Hong Kong and Macau to SF Holding for €700 million (RMB5.5bn). The business will be branded SF DHL Supply Chain China. Deutsche Post DHL will continue to receiver revenue-based partnership fees for ten year, in return for the trademark licence, customer referral, employee … Continue reading DHL sells China supply chain business for €700m