PostNL completes sale of Nexive’s business to Mutares
Transaction underpins strategic focus on core markets
PostNL today announced it has successfully completed the sale of its Nexive business to Mutares. Nexive is the number-two mail and parcels provider in Italy. As previously announced, PostNL is obtaining a minority interest of 20% in the entity acquiring the Nexive business.
This transaction allows Nexive to further develop its business and to build its position in the Italian mail and parcels market. For PostNL, the completion of the sale of the majority stake in Nexive underpins its strategy of focusing on its core markets in the Benelux region, supporting its transformation into an e-commerce logistics and postal service provider.
Nexive provides mail services to 80% of Italian households, and provides parcel services to the entire Italian market. It’s the second largest player 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.
We are PostNL, the mail and logistics solutions provider for all. With our mail and parcel deliverers who get everywhere, our 5,500 PostNL locations, 11.000 mail boxes and 517 automated parcel lockers, we are always nearby. We aim to be our customers’ favourite deliverer by making it as easy as possible for them to send and receive parcels and letters. Our over 35,000 people are right at the heart of society. On weekdays, we deliver an average 1.1 million parcels and 7.4 million letters across the Benelux region. Our focus is on quality for our customers, creating opportunities for our people and adding value for our stakeholders through growth, digitalisation and sustainability initiatives.
We optimise and support our physical networks by using smart digital solutions and launching new propositions that create value for our customers. We build long-lasting working relationships by acting as a good employer and client for everyone who works for and with us. To make our deliveries as sustainable as possible, we cover a lot of kilometres on foot or by bicycle or e-bike, provide innovative city logistics, use cleaner fuels, and use electric vans and light electric trucks. PostNL NV is a listed company with revenues of €3.1 billion in 2022, 61% of this derived from e-commerce. We provide deliveries of mail and parcels, logistics solutions for e-commerce, and cross-border solutions.