Post Danmark buys 51 per cent of Transportgruppen
Post Danmark A/S and Transportgruppen A/S have entered into an agreement concerning the purchase by Post Danmark of 51 per cent of the shares in Transportgruppen by direct placement. The shares will be acquired with effect from 1 January 2007.
– By this agreement, Post Danmark will become the most complete carrier in the Danish market. A cooperative venture with the carriers of Transportgruppen will enable us to offer our customers a total concept covering courier shipments, parcels and mixed cargo of all sizes and of a high quality as hitherto. In addition, it will make it possible for us to offer a range of new products, says Carsten Dalbo, Deputy Executive, Post Danmark.
The purchase of the shares in Transportgruppen will give Post Danmark access to a finely meshed and efficient nationwide network for the distribution of goods. In the same way as Post Danmark, Transportgruppen has cargo centres at its disposal at Brøndby and Taulov in addition to 80,000 sq. metres of warehouse facilities in Copen-hagen and Århus. Via its carriers, Transportgruppen has access to 18 regional cargo terminals and 900 rolling units. In 2006, Transportgruppen generated a turnover of approx. DKK 280 million and some 1,100 people are employed with its carriers and in the company.
– Post Danmark will be our professional cooperation partner who can contribute to de-veloping our business and add new volume. A cooperative venture will benefit both parties and strengthen our overall position in the parcels and goods market. This will also be favourable to the customers – both the customers of Post Danmark and our customers, says Peter Odorico, CEO, Transportgruppen.
Together with the other members of the management of Transportgruppen, he will continue to head the company and its development in the coming years. Post Danmark and Transportgruppen believe synergies can be achieved on behalf of the new cooperative agreement. This is for example believed to be the case in the sales area and with regard to benefiting from the strengths of the two companies in different areas within respectively the parcels and goods segments.
