Delivered in 90 minutes: DPD in Germany takes a share in city courier portal tiramizoo and enters the same-day market

DPD acquires a shareholding of 20% in tiramizoo

DPD in Germany announces its own same-day service

Aschaffenburg, 1 August 2013 – International parcel and express service provider DPD has taken a 20% share in the tiramizoo city courier portal, thus becoming the largest external shareholder in the Munich-based company. tiramizoo is already offering delivery in 90 minutes or within a specific time window in 15 German cities. With the support of tiramizoo DPD is planning to offer its German customers same-day delivery by the end of this year.

"By participating in tiramizoo we are taking a leading role among parcel services on a key market of the future", states Boris Winkelmann, Chief Operating Officer (COO) at DPD GeoPost (Deutschland) GmbH. "At the moment same-day deliveries are still a niche market, but we regard its growth potential in future years as enormous. Offering delivery on the same day is already highly attractive for service-oriented shippers and consumers, and this is why we aim to make a same-day service available to our customers by the end of this year."

tiramizoo: a start-up company sets new benchmarks

tiramizoo GmbH is Germany's largest city courier portal. With a network of 1200 couriers the company offers its customers local deliveries at a time of their choice – right down to delivery within 90 minutes.

"I am delighted that DPD has come on board as a new strategic partner", states Michael Löhr, Managing Director of tiramizoo. "What unites us is the aim of making the transport of goods as simple and convenient as possible." tiramizoo's customers include country-wide multiples and online retailers such as the electronics specialists Conrad and Cyberport, the bookseller Thalia and other retailers in the fields of fashion, electronics and books. Managing Director Michael Löhr launched the start-up company in 2010 together with Volker Schneider and Philipp Walz.

Since September 2012 the shareholders have included one of the world's leading car manufacturers, Daimler AG. Thanks to the networking of inner-city mobility and transport services the close cooperation between the companies creates a comprehensive range of services.

Other shareholders in tiramizoo include Bayern Kapital, Munich's BayBG (BayrischeBeteiligungsgesellschaftmbH), which has also acquired a holding in the course of the current share issue, the tiramizoo founders around Michael Löhr and the 'Business Angels' Burkhard Blum and Dirk Reiche, who will become the second managing director of tiramizoo.

More service in B2C shipping

"Our participation in tiramizoo highlights our aim to provide our customers with an entirely new dimension of flexibility and convenience", explains DPD COO Boris Winkelmann. "In this way we put consignees in charge of the delivery of their shipments". DPD is continuously developing its existing services for private consignees and in 2011 was the first German parcel service to offer consignees an exact time window for the delivery of their parcels. Mr Winkelmann adds: "In 2014 this delivery window will be reduced to one hour, which will set a new benchmark on the German parcels market". In addition DPD in Germany offers a range of options with which private consignees can adapt parcel deliveries to their requirements – for example by delivery to a DPD ParcelShop. By 2014 DPD intends to increase the number of its ParcelShops from the current 4,500 to 8,000 in Germany.

Image: Parcel service DPD in Germany has taken a 20% share in the city courier portal tiramizoo. The Munich-based city couriers offer delivery within 90 minutes in 15 German cities.

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About DPD

With the shipment of 2.5 million parcels a day DPD is a leading international provider of parcel and express services. The company has the most efficient road network in Europe and delivers to 230 countries worldwide. Customers can choose services from an extensive product range of national and international parcel and express services for business and home deliveries. A workforce of 24,000 and 18,000 vehicles operate at more than 800 locations. The majority shareholder in DPD with 83.32 % shareholding is the GeoPost Group, a wholly-owned subsidiary of French Groupe La Poste. With a consolidated turnover of 4.026 billion euros in the year 2012 GeoPost is currently Europe's second-largest provider of express parcel services.

Press contact:

DPD Dynamic Parcel Distribution GmbH & Co. KG

Frank Vergien

PR Manager

Wailandtstraße 1

63741 Aschaffenburg

Phone: +49 6021 843-120