Siemens establishes SPPAL as independent company

0

Siemens has announced that its Logistics and Airport Solutions division will become an independent company called Postal, Parcel & Airport Logistics (SPPAL) from June 1, 2015. The company will be based in Germany and will remain under the group’s umbrella.

The move is part of Siemens’ strategy to secure the long-term stability of the company and to allow it to compete as an independent entity in a market sector dominated by medium-sized companies.

Backed by Siemens, SPPAL will have a sound financial footing to help it flourish in a highly competitive market. The company currently operates in more than 60 countries and is undertaking various projects with several large international airports.

Michael Reichle, Siemens CEO, said, “I am pleased that we now have the necessary flexibility to shape the future of the new SPPAL. We are doing everything we can to seize opportunities in the fast growing parcel and airport markets. In doing so, our focus is always on maximizing customer benefit.”

Share.

About Author

mm

Helen has worked for UKi Media & Events for nearly a decade. She joined the company as assistant editor on Passenger Terminal World and since progressed to become editor of five publications, covering everything from aviation, logistics and e-commerce to meteorology. She has a love for travel and property and has redeveloped three houses in three years. When she’s not editing magazines, she’s running around after her two boys and their partner in crime, Pete the pug.

Comments are closed.