Tag: Sweden

Swedish 21 Grams Raises SEK 20 Million from InnovationsKapital

21 Grams, a provider of postal management services, has announced that its raised a SEK 20 million round of financing from the leading venture capitalist InnovationsKapital. The funding will allow 21 Grams to aggressively grow the business on the Nordic market and to expand into other European markets.

21 Grams offers postal management services to corporate customers by leveraging its technology leadership in postage optimisation, in combination with its unique set of knowledge and experience of post, print and document management software. 21 Grams allows customers to outsource their non-core production of bulk mailings and to significantly reduce postage expenses.

“We are very excited about the market opportunity and we think that 21 Grams has the potential to become the leading company within postal management services on the European business process outsourcing market” says Peder Holm, Investment Director at InnovationsKapital.

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Posten acquires Strålfors

Posten has made a cash offer to the shareholders of Strålfors to acquire the entire outstanding share capital. Strålfors’ Board of Directors has unanimously recommended the Offer. Marianne Nivert, Chairman of the Board of Posten, comments the Offer: “The acquisition provides both companies with a strategic operational platform for growth and development on a market characterised by increased competition and globalisation. The ability to develop electronic and physical flows of messages also strengthens Posten’s ability to successfully fulfil its important public service assignment.”

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Posten 2005 year-end report

Net sales totaled SEK 25,277m (25,120)
Operating earnings totaled SEK 1,281m (1,115). Last year’s operating earnings included capital gains of SEK 206m
After-tax earnings totaled SEK 1,478m (1,297)
Equity-assets ratio was 33 percent (25)
Cash flows from operating activities totaled SEK 2,251m (1,753)

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Finland Post Corporation to acquire Swedish logistics company

Finnish state-owned postal and logistics services provider Finland Post Corporation (Suomen Posti Oyj) said on Wednesday (1 February) that it is acquiring the Swedish logistics company Roadlink Spedition AB. Roadlink Spedition has an annual turnover of EUR25m and it has four outlets with terminals based in Stockholm, Malmo, Gothenburg and Jonkoping. The acquisition price was not disclosed.

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Estonia becomes part of Pan Nordic Logistics post alliance

Pan Nordic Logistics AB (PNL), owned by Post Denmark and Norway Post, has on 26th January signed an agreement with Estonian Post. It is a bilateral co-operation between the two companies which results in a comprehensive network reaching all households and companies in Estonia and the Nordic region.

Estonia is an expansive market with imports and exports of parcels and pallets from the entire Nordic region and especially from Sweden. The co-operation gives both companies the possibilities of developing in this potential market, as well as securing an extensive and economical service to the customers in Estonia and the Nordic region.

– Estonia Post is a well-reputed company with a comprehensive infrastructure and IT solutions which fully meet our requirements in respect of track and trace. The agreement enables us to offer our customers even better services to and from Estonia, says Benny Rhe Hansen, CEO.

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