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TNT announces two mail business developments in Germany

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TNT announces two mail business developments in Germany

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http://www.transportintelligence.com/ne ... many/5802/" onclick="window.open(this.href);return false;

Netherlands-based international express and mail group TNT last week reported two developments with its German mail sector activities, one involving the establishment of an alliance and the other the sale of a business.

The first involved TNT Post Holding Deutschland GmbH signing an agreement with Verlagsgruppe Georg von Holtzbrinck GmbH & Co. KG, CITIPOST-Verbund-GmbH and Logistic-Mail-Factory (a company of Mediengruppe Pressedruck, Augsburg) to establish a "mail alliance" in that country. "With this new alliance, TNT Post strengthens the existing co-operation with the mail distribution companies of leading German publishers. The mail alliance will be operational as of January 25, 2010."

TNT said the alliance would offer a solution for regional customers with nationwide volumes. "The partners of the mail alliance will create a unique platform to exchange their interregional mail volumes. In this way, customers will get a better solution for their mail deliveries in Germany via alternative networks."

The second development involved TNT signing an agreement to sell, with immediate effect, its German unaddressed mail business (TNT Direktwerbung) to its current management team. TNT Direktwerbung, part of TNT Post Germany, is a leading unaddressed mail delivery operator, with 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 December 3, 2009," stated TNT. "TNT Post Germany will continue to focus on the addressed letter business and to explore partnership opportunities."
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