Italian business continues to be part of PostNL

The Hague, 2 October 2015 – Following the strategic review of the international activities that was announced in the beginning of May, PostNL has decided to continue to invest in the development of its Italian operations (Nexive). Nexive contributes positively to PostNL’s results and has growth potential in the Italian market for mail and parcels with its own last mile delivery network.

PostNL supports local management and expects that they will be able to grow Nexive’s market share by expanding its customer base, increasing the geographical spread of the Formula Certa network as well as offering additional value added services to its customers. Also Nexive’s parcels network shows good prospects for profitable growth. 

The strategic review of the activities in the United Kingdom resulted at the end of July in an agreement on the main conditions of an intended management buy out of Whistl. The strategic review of the German activities is ongoing. 

Nexive has been operating in Italy since 1998. Its more than 5,500 employees and partners currently handle about 500m items a year, reaching about 80% of Italian homes.