Release Date:
Release ID: 4489

TNT sells German unaddressed mail unit to its management team

Amsterdam, 20 January 2010 – TNT has signed an agreement to sell, with immediate effect, its German unaddressed mail business (TNT Direktwerbung) to its current management team.

TNT Direktwerbung, a part of TNT Post Germany, is a leading unaddressed mail delivery operator, with a nationwide coverage and facilities in Berlin, Bleicherode, Magdeburg, Löhne, Hamburg, Rostock, Chemnitz and Holzgerlingen. It employs about 300 people.

The sale of TNT Direktwerbung is in line with TNT’s strategy to manage its European Mail Networks business (EMN) for value realisation through partnerships and sale, as announced during the company’s Analyst Meeting on 3 December 2009.

TNT Post Germany will continue to focus on the addressed letter business and to explore partnership opportunities.
59 Piccadilly Manchester M1 2AQ
Telephone: +44 (0)161 408 0542
Fax: +44 (0)870 432 1732

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