UPS 3000mu in European market small-scale acquisition from the Internet

UPS finance director Kurt Kuehn reported, the company will in future with small-scale acquisition as the key point, to expand the market business eastern Europe and Turkey or supply chain services, large-scale acquisitions was not in the company considered list.

Kuehn in told German financial newspapers Borsen - Zeitung interview said: "the company two years ago in the relation between east and west important bridge city Turkey for investment. At present, the company takeover is the main objective of small and medium-sized enterprises in central and eastern Europe. Although the market is still quite scattered, but if the company to take appropriate action, will supply chain services or professional customers from starting, and won't choose the traditional parcel business."

Kuehn also said UPS in acquisition has abundant capital actual strength, based on the extensive customer base, medium scale purchase more appropriate. Create value for shareholders is the best way to expand the company's existing operation capacity, and will be provided to clients. $50 million, 1 billion, or $2 billion takeover a few times, and can not make company exhausting, companies are still able to ensure sufficient funds feedback shareholders.

Source: web

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