New Zealand Post is broadening its base with the purchase of two other courier companies.
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It's announced it's buying DHL's 50 percent share in Express Couriers Limited in New Zealand and Parcel Direct Group in Australia.
The purchase makes both companies wholly-owned subsidiaries of New Zealand Post.
New Zealand Post Group CEO Brian Roche says there's been a dramatic decline in the amount of letter mail while at the same time parcel and courier volumes are growing steadily.
He says the purchase is a strategic one, and will allow New Zealand Post to offer more to customers.
Acknowledgements: NZ City
There are many courier companies which have their branches at many states to send courier.
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