Exel plc is a British based logistics company. Its headquarters are in Bracknell to the west of London. It operates in over a hundred countries. Turnover for the year to 31 December 2004 was £6.239 billion. Map sources for Bracknell at grid reference SU870693 Bracknell is a town of about 50,000 people (1991) in Bracknell Forest borough, in the English county of Berkshire. ... Part of the London skyline viewed from the South Bank London is the most populous city in the European Union, with an estimated population on 1 January 2005 of 7. ...
On 13 December 2005 Deutsche Post World Net announced the completion of the acquisition of Exel plc, becoming the global No. 1 in air freight, ocean freight and contract logistics. Consequently Exel's stock listing on the London Stock Exchange was cancelled as of 13 December 2005. Deutsche Post Logo Deutsche Post AG is a German logistics, post and courier business seated in Bonn. ... The Source by Greyworld, in the new LSE building The London Stock Exchange (abbreviated LSE) is a stock exchange located in London. ...
Exelplc is acknowledged as one of the world's largest supply chain management companies, formed by the merger of Ocean Group and Exel in May 2000.
In 1995 the former Exelplc's desire to maintain its position of dominant player in its chosen markets, meant it had to face a number of clear challenges including a new management team, wide spread operations centers, and outdated finance and administrations systems.
The benefit to Exelplc has been a quality low cost service as the result of the rationalization and re-organization of the accounting function within Exelplc.