07 dic 2024
Poste Italiane is strategically positioning itself for growth in the international logistics sector, with a focus on European markets such as Germany.
This move follows a previous partnership with DHL and is bolstered by its role as a partner for the Milan-Cortina 2026 Winter Olympics.
The company is not currently pursuing acquisitions but is exploring opportunities for expansion.
Meanwhile, the Italian government has approved a decree for the privatization of Poste Italiane, allowing for potential further sales of shares.
The decree emphasizes the importance of employee and saver participation in the sale process, with a focus on maintaining public interest.
Poste Italiane is setting its sights on expanding its presence in the international logistics sector, particularly within European markets. This strategic move comes in the wake of a significant partnership with DHL, a leading logistics company based in Germany. The collaboration with DHL has opened new avenues for Poste Italiane, allowing it to explore opportunities for growth beyond Italy's borders. Giuseppe Lasco, the General Director of Poste Italiane, emphasized the company's focus on international expansion during the announcement of their sponsorship for the Milan-Cortina 2026 Winter Olympics. This event serves as a prominent platform for Poste Italiane to showcase its capabilities on a global stage. The choice to target European markets, with Germany as a potential focal point, aligns with the company's strategy to consolidate its position in the logistics industry. However, Lasco clarified that there are no immediate plans for acquisitions, indicating a cautious approach to expansion. Instead, the company is leveraging its internal expertise to navigate the complexities of international growth without the need for external advisors. In parallel with its expansion plans, Poste Italiane is also navigating the intricacies of privatization. The Italian government has recently approved a decree that outlines the framework for the privatization of Poste Italiane. This decree, which was finalized in September, incorporates feedback from parliamentary committees, although their recommendations are not binding. The decree allows for the possibility of the state reducing its stake in Poste Italiane below 50%, despite opposition from labor unions. The current plan ensures that the state retains at least 50% ownership, but this threshold could be adjusted in future decrees if additional share sales are pursued. The privatization process emphasizes the importance of involving employees and savers in the sale of shares. The decree suggests prioritizing public offerings to Italian savers, including Poste Italiane employees, and recommends incentives such as reserved shares and price discounts to encourage participation. This approach aims to maximize the value of the shares sold and ensure a gradual transition that considers market impacts. Historically, the Italian government has reduced its ownership in several major companies, such as Eni and Enel, without compromising national interests or employment security. This precedent provides a framework for Poste Italiane's privatization, ensuring that public interests are safeguarded throughout the process. As part of its sponsorship for the Milan-Cortina 2026 Winter Olympics, Poste Italiane will provide logistical support for the event, which spans an extensive area of 22, 000 square meters. The company's subsidiary, Poste Logistic, will manage the transportation of materials necessary for the athletes, highlighting Poste Italiane's logistical expertise and reinforcing its brand on an international level.