GLS acquires stakes in Szybka Paczka Spólka and so enters the Polish parcel market. The company, founded in 1997, is a General Parcel partner and offers its customers both national and international parcel solutions.
December
Acquisition in Finland
GLS takes over General Parcel Finland, thereby expanding its network in Northern Europe. Following this transaction, GLS accounts for 80 percent of the shares in the international parcel cooperation General Parcel.
100% ownership in Italy
The Italian company Direzione Gruppo Executive (DGE) becomes a wholly-owned subsidiary of GLS. The franchise system in Italy is retained. GLS acquired its initial shares in DGE in December 2000.
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