Swiss Panalpina not interested in Dutch TNT Logistics Division

Swiss logistics company Panalpina Welttransport (Holding) AG is not interested in the takeover of the Logistics division of Dutch mail and logistics company TNT NV, Panalpina spokesman Martin Spohn said on December 14, 2005.

We are not considering such large acquisition, which is not in line with our strategy to take over small specialised companies, Spohn added.

TNT announced its intention to divest the Logistics division earlier in December 2005. The division generates an annual revenue of 3.4 bln euro ($3.977 bln).

Swiss logistics company Kuehne & Nagel International has recently said, a large acquisition was improbable in the near future because the company was engaged with the integration of a large acquisition in France.

Analysts mentioned private equity companies and other large logistics companies, including U.S. companies United Parcel Service and Fedex, as potential buyers of TNT Logistics division.

Relevant Directory Listings

Listing image

Spectos GmbH

The Spectos Group, headquartered in Dresden, Germany, is an independent and internationally acknowledged company in the fields of market research, data analytics, technology, digitization and operations. Spectos supports its customers with tailor-made B2B solutions for the monitoring, management and design of their service quality in […]

Find out more

Other Directory Listings

News Archive


MER Magazine

The Mail & Express Review (MER) Magazine is our quarterly print publication. Packed with original content and thought-provoking features, MER is a a must-read for those who want the inside track on the industry.


P&P Poll


Which stories do you most like reading about on Post & Parcel?

Thank you for voting
You have already voted on this poll!
Please select an option!

Pin It on Pinterest

Share This