Mutares to acquire majority stake in Nexive’s business from PostNL

Munich/The Hague, 24 February 2020 – Mutares and PostNL have signed an agreement on the sale of 80% of Nexive’s business. Nexive is the number-two mail and parcels provider in Italy and currently a full subsidiary of PostNL. PostNL will obtain a minority interest of 20% in the entity acquiring the Nexive business. The transaction is subject to a number of conditions and is expected to close in Q2 2020.

Robin Laik, CEO of Mutares SE & Co KGaA comments: “We look forward to developing Nexive in our portfolio and will support the future repositioning and growth path of the company. We aim to further grow its nationwide network, to further develop the last-mile business as well as to enhance operational and administrative efficiency.”

Luciano Traja, CEO of Nexive adds: “This step gives us the opportunity to take the Nexive business to the next stage in achieving our strategy. We are well positioned to benefit from the innovation and solutions that we have introduced for our customers in recent years. Our strategy is aimed at our growing market share and taking full advantage of ongoing growth in the Italian e-commerce market.”

Herna Verhagen, CEO of PostNL, says: “This transaction will allow Nexive to further develop its business and to build its position in the Italian mail and parcels market. For PostNL, the sale of the majority stake in Nexive underpins our strategy of focusing on our core markets in the Benelux region, supporting our transformation into an e-commerce logistics and postal service provider.”

Nexive provides mail services to 80% of Italian households and parcel services to the entire Italian market. It’s the number two in the Italian mail market and aspires to be the smart challenger, offering customers the best balance between service, quality and price. It achieves this ambition by focusing on customer interaction and by further strengthening its network.

About Mutares

Mutares SE & Co. KGaA, Munich (, acquires medium-sized companies and carve-outs from groups based in Europe, which are being sold as part of a repositioning and have significant potential for operational improvement. Mutares actively supports and develops its portfolio companies with its own investment and expert teams and by acquiring strategic add-ons. The aim is to achieve a significant increase in value with a focus on sustainable growth of the portfolio company. After 10 acquisitions in the 2019 fiscal year, annualized consolidated revenues of the holdings grew to more than EUR 1.5 billion and the number of employees to more than 8,000 people worldwide. Mutares SE & Co. KGaA shares are traded on the Frankfurt Stock Exchange under the symbol "MUX" (ISIN: DE000A2NB650).

About Nexive

Headquartered in Milan, Nexive was born as TNT Post and rebranded to Nexive in 2014: Today, Nexive is a platform for the delivery of mail and e-commerce, a connection point for companies and people, documents and goods. Nexive counts over 30,000 businesses to its clients, including banks, insurance companies, companies in the media and telecommunications sectors, utilities, SMEs and numerous public administration bodies. Nexive reaches 80% of Italian families by delivering about 400 million letters every year. It has approx. 8,000 direct and indirect employees and a network of over 2,000 retail points across Italy.

Additional information

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Forward-looking statements

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