TNT acquires print and mailing house Euro Mail
Mail, express and logistics company TNT N.V. has acquired the Dutch print and mailing house Euro Mail through Cendris, part of TPG Post. The positioning of Euro Mail is geared to Direct Marketing for small and medium-sized enterprises (SME), adding an important and valuable range of products and services to the portfolio of TPG Post and Cendris.
The specific knowledge and experience of Euro Mail in the SME segment form a key complement to the expertise of Cendris. The acquisition will put TPG Post and Cendris in a better position to develop and sell new product-market combinations for the SME segment.
Euro Mail reported sales of €29 million in 2004. The company employs 116 people at ten operational sites across the Netherlands. Euro Mail specialises in mailing activities (enveloping, addressing, sorting and distribution), print services, fulfilment and other DM activities, including data and consultancy. Euro Mail primarily serves small, locally operating businesses, but in recent years has added a number of larger companies to its customer base.
About Cendris
Cendris is part of Royal TPG Post B.V. In 2004 Cendris reported sales of €219 million and employed 4,000 people. The company offers a complete portfolio of specialist solutions for direct communication, data and document management. Cendris provides consultancy on winning and retaining customers and offers services ranging from call centre activities, invoice printing and direct mail to mailroom management, document reproduction and archiving. Cendris operates in the Benelux region, the UK and Germany.
TNT N.V. is a global provider of mail, express and logistics services. The group employs over 160,000 people in 63 countries and serves over 200 countries. For 2004 the company reported sales of €12.6 billion. TNT N.V. is publicly listed on the stock exchanges of Amsterdam, New York, London and Frankfurt.
