TNT NV’s TNT Post said it agreed to buy a 25.1 pct stake in regional letter distribution company CPO CITIPOST Osnabruck GmbH & Co. KG.
No financial details were disclosed.
TNT Post said the stake provides it with access to more than 320,000 households in and around Osnabruck, a city in Germany’s northwest.
KEBA, headquartered in Linz (Austria) and operating globally, is a leading provider of industrial, handover, and energy automation solutions. With around 2,000 employees, KEBA develops and manufactures innovative systems such as control and drive technology, ATMs, parcel locker and transfer solutions, e-charging stations, and heating […]
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