Dutch Selekt Mail to buy Postmij

Netherlands-based postal services company Selekt Mail Nederland, a joint venture company of Dutch publishing group Wegener and German postal services company Deutsche Post AG, has agreed to buy the activities of local sector company Postmij, Selekt Mail said on December 1, 2005.

The takeover includes the use of the central depot and the involved employees, precisely some 200 postmen and about six full-time employees.

Reportedly, Selekt Mail is a discounter on the liberalised part of the Dutch postal delivery market. The company competes mainly with local market leader TPG Post and aims at a 20 pct share of the domestic postal market. Through the takeover of Postmij, Selekt Mail is a step closer to achieve its objective, Selekt Mail director, John Kuiper, said.

Selekt Mail processes 250 million addressed postal items annually and has a domestic market share of 10 pct.

Eindhoven-based Postmij operates in the central and western part of the southern Dutch province of Noord-Brabant and after the takeover it will provide only services of Selekt Mail.

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Source: De Financiele Telegraaf