TNT Post Group aquires 100% of GMA of Germany

TPG aquired 100% of GMA Verwaltungs GmbH and GMA Gesellschaft

No financial detail were disclosed other than that GMA has sales of more than 20 mln nfl

GMA provides the distribution of unaddressed mail items and samples as well as magazines and direct mail to private households. GMA holds a licence to distribute direct mail.

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Escher powers the world’s first and last mile deliveries, helping Posts connect nearly 1 billion consumers with global ecommerce networks. Postal operators rely on Escher to deliver an enhanced retail and digital customer experience, to activate new revenue streams, and to realize new delivery economics. […]

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