Tag: Norway

Itella Logistics to acquire Kauko Group

Posted by | Feb 5, 2008 | |

Itella Logistics has signed an agreement on the acquisition of Kauko Group specialized in providing international transport services.

Kauko Group will complement Itella Logistics’s service range outstandingly through its solid expertise in international road, air and sea freight, and will enable us to be even better equipped to implement global transport solutions, says Vesa Vertanen, Senior Vice President, Itella Logistics.

The sellers in this acquisition include Kaukohuolinta Invest Oy, part of the Juuranto Group company, Kauko Group’s operative management and Spedex Oy. – We are delighted that the buyer is Itella, a Finnish company which, as an international logistics operator, has good prospects for developing the company further, says Helena Juuranto-Perttunen, member of Kauko Groups’ Board of Directors.

Kauko Group has approximately 110 employees and, in addition to its head office located in Tuusula, offices in Turku, Tampere, Lahti, Tallinn, Riga, and a representative office in Moscow. In 2007, Kauko Group posted net sales of approximately EUR 56 million.

In connection with the acquisition, Kauko Group’s current Managing Director, Jarmo Halonen, has been appointed Country Manager of Itella Logistics Finland.

In connection with the acquisition, Itella Logistics has also entered into an agreement concerning the acquisition of Kauko Group´s Swedish affiliate company , Hansar Logistics AB, which will continue to operate as an independent company until further notice.

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Posten becomes sole owner of Norwegian Tollpost Globe

Posted by | Feb 5, 2008 | |

Posten has today entered into an agreement with DSV Road Holding (DSV) on the acquisition of DSVs shareholding of 50 per cent in Tollpost Globe. The acquisition means that that Posten becomes sole owner of Tollpost Globe and strengthens Posten’s position in the Nordic logistics market.

In 2001, Posten acquired half of Danish DSV. Today’s acquisition means that Posten becomes the sole owner of Tollpost Globe and that Henrik Höjsgaard, CEO of Posten Logistik AB, becomes chairman of the board of executives. Robin Olsen continues as CEO of Tollpost Globe.

Tollpost Globe is a strong brand in the Nordic logistics market. The company has 935 employees, a turnover of approx. NOK 2 400 million and has national coverage distribution in Norway based on its own infrastructure. Tollpost Globe has an extensive cooperation with Posten as well as DSV. Within the cross-border parcel and pallet service to and from Norway. The commercial relationship between DSV and Tollpost will continue even after the transaction.

The acquisition sum amounts to NOK 1 070 million. The transaction’s continuation is subject to approval of competition authorities.

1 NOK = 0.181189 USD

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Norway Post to Improve Citizen Portal and Internal Information Access with FAST

Posted by | Feb 4, 2008 | |

Fast Search & Transfer announced that Norway Post has selected the award-winning FAST Enterprise Search Platform (FAST ESP(TM)) to improve their customer facing portals and several others of the organization’s internal solutions.

Norway Post is one of Norway’s biggest companies, with operations throughout the country. The group had revenues of NOK23.7 billion in 2006 and employs just over 23,000 employees. Norway Post’s ambition is to develop into a leading mail and logistics corporation in the Nordic region. Its vision is to become the world’s most future-oriented mail and logistics corporation.

Norway Post selected FAST and Comperio after an extensive tender process, and the implementation will entail search solutions for the postal services in Norway, Sweden and Denmark, as well as several other subsidiaries. FAST ESP will become a central component of the IT infrastructure at Norway Post, and the solution also includes additional components based on FAST ESP developed by FAST’s partner Comperio.

“Norway Post will use FAST search technology across several functional areas and in both customer-facing and internal solutions,” commented Dr. John M. Lervik, FAST’s CEO. “We are extremely pleased to see that what we have been stating all along – that search is becoming a key necessity and at the centre of IT infrastructure, is becoming more and more adopted across both private and public organizations.”

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Latest ‘Future of Mail’ paper: “Mail Trends Update” by Fouad Nader (Adrenale Corp.) and Michael Lintell (Pitney Bowes)

Posted by | Feb 1, 2008 | |

In recent years there has been an increase in the number of press articles and statements from posts predicting that mail volumes would decline. New technologies and process innovations have been introduced, preoccupying researchers and managers in the postal and mailing industries with the impact of accelerating electronic substitution and changing customer behaviors. What are the actual trends that emerge from examining in detail the best information available from key countries? What historical perspectives, trends and emerging patterns may be useful in understanding how mail volumes may evolve in the future? The purpose of this paper is to provide further insight into the key trends identified and discussed in the previous Mail Trends Analyses by comprehensively examining the evolution of mail and analyzing postal volumes along key variables that influence mail demand. This paper builds on the considerable research that followed the original mail trends analysis and was documented in the Background Papers published at www.postinsight.pb.com for the project: “Electronic Substitution for Mail: Models and Results, Myth and Reality.” The paper also takes advantage of recent work in the study of the “Future of Mail”, also on postinsight.pb.com.

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