PIN Group attracting interest from CVC Capital
PIN Group, the troubled German mail delivery company that has put itself up for sale, has attracted interest from French, Austrian and Swiss postal services companies as well as from buyout firm CVC Capital, Handelsblatt said, citing unnamed consultants.
The sources said CVC, La Poste of France, Osterreichische Post and Suisse Post have contacted Axel Springer AG, PIN Group’s majority shareholder, the paper reported, adding that an Axel Springer spokeswoman declined to comment.
La Poste of France and Oesterreichische Post said they were not interested in PIN Group, Handelsblatt said.
