Tag: France

Expanding reach of La Poste

Posted by | Jul 4, 2001 | |

Spain and India are the latest countries to extend ties with La Poste after Correos y Telegrafos agreed to increase its cooperation with the French, and Paris became the hub of an Indo-European parcel venture. Alberto Nunez Feijoo, general manager of Correos y Telegrafos, and Martin Vial, chairman of the La Poste group, have both pledged to “enhance their cooperation in order to consolidate their joint position in the Spanish express parcels market”, said La Poste in a statement.

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Pitney Bowes In Negotiations to Acquire Secap

Posted by | Jul 2, 2001 | |

Pitney Bowes Inc. (NYSE:PBI)
today announced that it is in discussions with Fimalac, the French
diversified services group, for the acquisition of Secap SA, Fimalac’s
mailing subsidiary. Secap provides a range of mail processing equipment,
supplies and technology for low- to mid-volume mailers. Pitney Bowes expects
customers to benefit from Secap’s innovative line of products and
shareholders to benefit from Secap’s more than 30% postage meter market
share in France and approximately 60% recurring rental revenue stream.
“This proposed acquisition is the next of a series of strategic actions that
we’ve taken to enhance our delivery of leading edge, integrated mail and
document management solutions to customers of all sizes worldwide,” said
Michael J. Critelli, Chairman and CEO of Pitney Bowes Inc.

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TNT Logistics opens new distribution centre

Posted by | Jul 1, 2001 | |

TNT Logistics has opened a new distribution centre near Vatry, France for Fiat Auto spare parts. The site employs 300 staff and has direct rail and motorway links. It is reported to be the largest custom-built site in France this year.

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