TPG acquires DocVision, a leading document management company in the Netherlands
Mail, express and logistics company TPG N.V., through Royal TPG Post subsidiary Cendris, has today reached an agreement on the acquisition of DocVision, a subsidiary of Buhrmann N.V. DocVision is a Netherlands-based company that provides a variety of mailroom and reprographic services . This acquisition strengthens Cendris’ leadership position in the field of data and document management in the Netherlands.
DocVision is one of the leading companies in the Netherlands in the field of Document Management specialising in mailroom management, repro services, graphic print, colour copy & print and outsourcing services. The company had a turnover of EUR 23 million in 2002 and employs around 300 staff. DocVision is a fast growing business and has a strong customer base. Its clients include blue chip companies in the food and retail sector, educational organisations and professional services.
Harry Koorstra, Group Managing Director TPG Post, says, “This acquisition will enable Cendris to offer its clients more opportunities to achieve cost savings through optimisation of the postal chain”.
Cendris is part of Royal TPG Post BV. In 2002 the company reported sales of EUR 210 million and employs 4,000 staff. Cendris offers a variety of specialised solutions for direct communication, data and document management in the Benelux, United Kingdom, Italy, Germany and Central Europe.
TPG N.V. with its two brands TNT and Royal TPG Post, is a global provider of mail, express and logistics services. The group employs over 150,000 people in 62 countries and serves over 200 countries. For 2002 the company reported sales of EUR 11.7 billion, an increase of 5% over the previous year. TPG N.V. is publicly listed on the stock exchanges of Amsterdam, New York, London and Frankfurt.
