Acquisition of Citipost Group by AMP Investments Ltd

ACQUISITION OF CITIPOST GROUP BY AMP INVESTMENTS LTD
Alternative Mail & Parcels Investments Ltd (AMP) acquired the Citipost Group from Royal
Mail on the 10th December 2004.
Citipost Group is a niche Financial Research Distribution Company, which AMP are
confident will compliment AMP’s existing business interests.
AMP is the market leader in B2B Catalogue, Directory and Publications distribution in the
UK. Coupled with their international division, AMP Worldwide, they provide a solid existing
framework into which Citipost will be incorporated.
AMP’s capability to retain and develop the Citipost Group client base was a key factor in
the decision to purchase.
AMP now has a global delivery network, with offices across the UK, Europe, Asia and
North America.
This provides a great opportunity to expand it’s core service offering worldwide for the
benefit of both the AMP and Citipost clients.
Citipost will become part of a company which has the focus and resources to reinvest in its
business, to guarantee continuity of service and to maintain its market leading position.
AMP recently secured a long term postal licence from Postcomm, the postal industry
regulator, which enables it to provide bulk mail, consolidated mail and tracked
business-to-business mail services in the UK through it’s existing delivery network.
For further information please contact contact Stephen Hibbert
T: +44 (0) 20 8301 8500
F: +44 (0) 20 8854 5309
M: +44 (0) 7787 565494
E: [email protected]
www.ampww.com www.citipost.com www.postcomm.gov.uk.