TNT Post acquires e-retail company Kowin
TNT Post says it has taken “an important next step in implementing its e-commerce strategy” by acquiring the e-retail specialist Kowin. The transaction adds to TNT Post’s e-commerce portfolio and strengthens “capabilities as one stop service provider in the vastly growing online market”, a company statement said.
The parties have agreed not to disclose the financial details of the transaction.
The acquisition is in line with TNT’s Vision 2015 strategy as announced on 3 December 2009. The chain continues with managing and facilitating web shops and online payment, e-fulfillment, the physical delivery and customer service after delivery.
Kowin is a Dutch e-commerce solution provider with knowledge in the field of online shopping and is a one-stop service provider for the full chain.
The acquisition will allow TNT Post to “develop the required capabilities for the entire e-commerce chain faster and to quickly expand its offering to new industries and markets”.
On top of this, Kowin will support TNT Post’s current on line retail initiatives under the label of Sjopze.
The employees of Kowin will not be affected by the transaction.
