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Czech Billionaire Acquires Historic Royal Mail in $4 55 Billion Deal

International Distributions Services, parent company of Royal Mail, has been acquired by Czech billionaire Daniel Kretinsky for $4.55 billion. The 500-year-old company has faced recent struggles, including worker strikes and regulatory scrutiny. The deal marks a significant change for the historic postal service, now facing new leadership and challenges.

United kingdomCzech republicSimon thompsonSavio dsouzaEva mathewsKing charlesMartin seidenbergMoya greeneEmma gilthorpeYamini kaliaDaniel kretinskyRoyal mailInternational distributions servicesPostal servicesKing henryParcel post

Royal Mail s 500-years: From Henry VIII to private ownership

Royal Mail's parent company, International Distributions Services (IDS) said Wednesday it agreed to be acquired by Czech billionaire Daniel Kretinsky.

United kingdomCzech republicKing charlesSimon thompsonMoya greeneMartin seidenbergDaniel kretinskyEmma gilthorpeRoyal mailPostal servicesInternational distributions servicesKing henryParcel postRoyal mail parcelsGerman parcelGeneral logistics systems

Pictures: Aberdeen s past post offices that connected communities

Pictures: Aberdeen s past post offices that connected communities
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Royal Mail update: UK postcodes hit with delivery delays - full list of areas

This has put pressure on courier services such as Royal Mail as demand increases. While deliveries are running as normal in many parts of the UK, the postal service has shared an update on delays in some areas. As today is St Patrick s Day, and a public holiday in Northern Ireland, there will be no deliveries from Royal Mail. Royal Mail: The post service has shared an update (Image: GETTY/PA) A statement said: We re delivering and collecting mail in most parts of the UK today - Wednesday 17 March is a public holiday in Northern Ireland. There will be no deliveries or collections in the BT postcode areas. Further details can be found on our help pages.

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Metapack to Host Global Retailers and Brands with International Carriers at The Delivery Conference 2021

Metapack to Host Global Retailers and Brands with International Carriers at The Delivery Conference 2021 Metapack to Host Global Retailers and Brands with International Carriers at The Delivery Conference 2021 Metapack, the global leader in eCommerce delivery technology, today announced that it will virtually host leading retailers, brands and carriers at the worlds foremost eCommerce delivery event, The Delivery Conference (TDC) on February 2-3, 2021. Now in its 12 th year, TDC 2021 is free to attend as it brings a roster of high caliber speakers and powerful industry insights. This years agenda has been carefully created to help the industry understand the pandemic-led events of 2020, the exponential growth of eCommerce, changing consumer expectations and the future of retail as we move forward into 2021 and beyond.

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