La Poste acquires Experian document management activities
Docapost, La Poste’s holding company specialised in document services and solutions, has taken over the outsourced customer process activities from the French subsidiary of Experian, the global provider of value-added information solutions to organizations and consumers.
With the new integrated subsidiary called Extelia, La Poste is strengthening its position on the market of document management in line with its ambitious development strategy. This acquisition is aimed at boosting structural growth of the company enabling Docapost to double its size.
The deal, which needs to be approved by French competition authorities, enables Docapost to complete its service range in areas including electronic exchange as well as handling of inbound and outbound documents.
As operational and industrial holding company composed of 10 subsidiaries of La Poste Group specialised in document management, Docapost comprises 2600 employees working in more than 300 locations in France. The company is also represented in numerous other countries such as USA, Spain and Italy.
Established in France since 1996, Experian currently employs 1600 people in France and generates about 50 pct of its revenues in insurance and banking sectors.
Docapost, La Poste’s holding company specialised in document services and solutions, has taken over the outsourced customer process activities from the French subsidiary of Experian, the global provider of value-added information solutions to organizations and consumers.
With the new integrated subsidiary called Extelia, La Poste is strengthening its position on the market of document management in line with its ambitious development strategy. This acquisition is aimed at boosting structural growth of the company enabling Docapost to double its size.
The deal, which needs to be approved by French competition authorities, enables Docapost to complete its service range in areas including electronic exchange as well as handling of inbound and outbound documents.
“La Poste Group is providing its know-how and innovation capacities to companies helping them to get away from cost calculations and to use document management as an opportunity for their development and improvement of their productivity. We have a strong and clear ambition: even though the services only made up 10 pct of the mail revenues in 2007, our goal is to achieve 20% by 2012 amounting to over EUR 500 million”, said Raymond Redding, deputy General Director of La Poste, director for mail services and CEO of Sofipost, the subdivision of La Poste’s mail business.
“In today’s difficult economic context, the management of document systems has become critical for the companies constantly looking for solutions to rationalise their flow and added value for the mail sector”, explained Philippe Verdier, CEO of Docapost.
As operational and industrial holding company composed of 10 subsidiaries of La Poste Group specialised in document management, Docapost comprises 2600 employees working in more than 300 locations in France. The company is also represented in numerous other countries such as USA, Spain and Italy.
Established in France since 1996, Experian currently employs 1600 people in France and generates about 50 pct of its revenues in insurance and banking sectors.
