Citipost Sells International Arm To Pitney Bowes
The Citipost group has sold it’s International business to Pitney Bowes International Mail Services. Citipost described the sale as ‘perfect timing’ and that it would allow Citipost to focus investment into our end-to-end delivery services in strategic business centres worldwide.
The Citipost group, which includes Citipost AMP Ltd, Citipost UK Ltd, Citipost DSA Ltd and Citipost Direct Distribution Ltd, will continue to operate it’s Hand Delivery services in the UK, Far East, Europe and North America.
“We have found there to be great synergy between both businesses and this is a very positive step for our staff, clients and shareholders.” said Citipost.
It said that internally, the changes would see an expansion of it’s service range and improved buying power but otherwise, it would be business as usual.
The Citipost group has sold it’s International business to Pitney Bowes International Mail Services. Citipost described the sale as ‘perfect timing’ and that it would allow Citipost to focus investment into our end-to-end delivery services in strategic business centres worldwide.
The Citipost group, which includes Citipost AMP Ltd, Citipost UK Ltd, Citipost DSA Ltd and Citipost Direct Distribution Ltd, will continue to operate it’s Hand Delivery services in the UK, Far East, Europe and North America.
“We have found there to be great synergy between both businesses and this is a very positive step for our staff, clients and shareholders.” said Citipost.
It said that internally, the changes would see an expansion of it’s service range and improved buying power but otherwise, it would be business as usual.
