Being sold is the part of DHL ExpressÃ¢â‚¬™ UK business which focuses on Ã¢â‚¬Ëœday definiteÃ¢â‚¬™ parcel services. DHL will retain the international Ã¢â‚¬Ëœtime definiteÃ¢â‚¬™ and Ã¢â‚¬Ëœsame dayÃ¢â‚¬™ express businesses. It will also continue the Ã¢â‚¬ËœDHLitNowÃ¢â‚¬™ online business.
Explaining the rationale behind the sale, DHL Express CEO, Ken Allen, said the agreement Ã¢â‚¬Å“allows us to concentrate our resources on further growing the profitable express businessesÃ¢â‚¬Â.
The announcement comes just weeks after DHL said it was selling its French domestic parcels business.