Finland Post increases holding in DM and mailing service Atkos Printmail

Finland Post increases holding in DM and mailing service Atkos Printmail

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Story Filed: Monday, February 05, 2001 4:18 AM EST

FEB 5, 2001, M2 Communications – The Finnish postal company Finland Post Ltd has increased its stake in the printing, direct marketing and mailing services company Atkos Printmail Oy, jointly owned with the Finnish-Swedish IT group TietoEnator Corporation.

Finland Post increased its holding from 49% to 80% in order to strengthen its operations within value added mail services.

The deal resulted in a gain of EUR21m for TietoEnator.

Atkos Printmail has some 500 employees and a turnover of FIM280m.

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