TopPak has revenues of approximately € 10 million, handles some 6 million packages per year and has significant growth potential. The company is profitable. Parties do not disclose transaction details.
Fulfilment entails service aspects like processing orders, stock management and packing products for shipping, in effect handling the entire administrative and logistics chain for orders, either traditional or online.
The acquisition of TopPak is in line with TNT’s Vision 2015 strategy on Parcels and Special Delivery Solutions (SDS) as announced on 3 December 2009. TNT aims to develop focused multi-customer network solutions, that provide dedicated service quality while improving the economics of the TNT delivery networks.
The acquisition also furthers TopPak’s ambition of bringing its service to the attention of more online retailers. TopPak’s 100-strong workforce will remain employed at the company’s site in Houten, the Netherlands.
TNT is already succesfully active in the home shopping market and expects to continue expanding it activities in the parcels and e-commerce market in the future.
TNT provides businesses and consumers worldwide with an extensive range of services for their mail and express delivery needs. Headquartered in the Netherlands, TNT offers efficient network infrastructures in Europe and Asia and continues to optimise the performance of its networks. TNT serves more than 200 countries and employs some 160,000 people. Over 2009, TNT reported €10.4 billion in revenues and an operating income of €648 million. TNT is publicly listed on the stock exchange of Amsterdam. TNT recognizes its social responsibility, and has formed partnerships with the United Nations World Food Programme and the United Nations Environment Programme to fight hunger and pollution in the world. Our efforts are being recognised: in 2010, TNT was again designated the “Supersector Leader” for “Industrial Goods and Services” (including the “Industrial Transportation” sector) in the Dow Jones Sustainability Index (DJSI), More information about TNT can be found on its website http://group.tnt.com.
PostNL is the inventive partner in the world of sending and receiving. We have been so for 200 years already. We are primarily active in the fields of mail, parcels and e-commerce, but we also offer services in the areas of data and document management, direct marketing and fulfilment. Outside the Netherlands, we are active in Germany, the United Kingdom, Italy, Belgium and Luxemburg. PostNL employs a total of more than 59,000 people. In 2013 our revenues reached € 4.3 billion.
We like to stay ahead of things. We are the most modern postal company in the world. We are proud of that. As the first listed postal company, we are an example to the rest of the world in automatic letter sorting. And our innovative parcels network is completely adapted to the wishes of web retailers.