Neopost acquires Renaddress and Target Addressing System
Neopost announced the acquisition of Renaddress Ltd and Target Addressing and Business Systems. Both companies will be integrated into Neopost UK in the coming months.
Neopost announced the acquisition of Renaddress Ltd and Target Addressing and Business Systems. Both companies will be integrated into Neopost UK in the coming months.
Renaddress Ltd markets a wide range of addressing systems into the direct mail and print finishing industry and has been the sole UK distributor of Rena GmbH addressing systems since 1969. Their range of inkjet address printers includes low volume desk top machines through to high volume floor standing production systems.
In 2008, Neopost acquired Rena GmBH and the acquisition of these two companies will now reinforce its position as a supplier of addressing systems in the UK.
Kevan Mutton, Managing Director of Neopost stated: “This acquisition in the UK will complement and strengthen our technology position. It will build on our current expertise within the mailroom market and offer a more complete range of addressing systems to businesses.”
Reg Duncan, Managing Director of Renaddress Ltd stated: “This acquisition is excellent news for both companies. The combined product range will create opportunities and open up new markets as well as continuing to provide excellent customer service to existing Renaddress and Neopost customers.”
