TNT Post wins multi-year distribution contract with Dutch Sanoma unit

TNT NV’s Dutch postal unit TNT Post has signed a multi-year distribution contract with Sanoma Uitgevers, a Dutch unit of Sanoma WSOY, one of the largest consumer magazine publishers in Europe.

Financial details were not disclosed.

The contract calls for the delivery of 73 mln magazines, 800,000 parcels and 17 mln postal items per year, according to the statement.

A TNT post subsidiary will also be involved in the application of an electronic payment system for customers.

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