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Francotyp-Postalia Holding AG — M&A Activity 2022
Oct 4, 2022
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M&A Activity
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Corporate | 4 October 2022 13:55
Francotyp-Postalia Holding AG: Francotyp-Postalia acquires pakadoo
EQS-News: Francotyp-Postalia Holding AG / Key word(s): Takeover
Francotyp-Postalia Holding AG: Francotyp-Postalia acquires pakadoo
04.10.2022 / 13:55 CET/CEST
The issuer is solely responsible for the content of this announcement.
Press release
**Francotyp-Postalia acquires pakadoo
Berlin, 4 October 2022** – Francotyp-Postalia Holding AG announces that Francotyp-Postalia (FP) has purchased all operating assets of pakadoo GmbH, Böblingen/Germany, (pakadoo) with economic effect from 1 October 2022. The transaction also includes the take-over of employees and the Management of pakadoo.
Pakadoo offers Software-as-a-Service solutions for receiving and managing incoming parcels and goods within companies and public institutions. In combination with carrier-independent parcel lockers, further use cases focus on e-commerce deliveries and smart city logistics.
This acquisition strengthens FP’s Digital Business Solutions business unit:
- FP gets access to a SaaS-based platform for incoming parcel logistics in companies and public institutions, retail and City Logistics,
- Pakadoo’s e-Commerce related use cases enhance FP’s TRAX logistics SaaS solution (Azolver),
- FP’s parcel shipping solution enhances pakadoo’s offering for shipping, especially outside of Germany.
FP’s Head of supervisory board Dr. Alexander Granderath: “We are happy to support FP on its digital journey and welcome pakadoo in FP Digital Business Solutions.”
FP’s CEO Carsten Lind: “After the acquisition of Azolver in March 2022, pakadoo is another step forward in expanding and complementing our digital solutions portfolio in the growing parcel and e-commerce markets. We are looking forward to growing the business with the pakadoo team.”
In 2021, pakadoo generated revenues of approximately kEUR 820. The purchase of pakadoo is financed from FP’s own cash positions.
For investor relations and press enquiries, please contact:
Anna Lehmann
Phone: +49 30 220 660 410
E-Mail: [email protected]
**
About Francotyp-Postalia:**
Francotyp-Postalia Holding AG, a listed company based in Berlin, is the holding company of the globally operating FP Group (FP). FP is an expert in solutions that make office and work life easier and more efficient. FP has the following business units: Digital Business Solutions, Mailing, Shipping & Office Solutions and Mail Services. In the Digital Business Solutions business unit, FP optimises customers’ business processes and offers solutions such as electronic signatures, hybrid mail, input/output management for physical and digital documents and the data-driven automation of complex business processes. In the Mailing, Shipping & Office Solutions business unit, FP is the world’s third-largest provider of mailing systems and is also the market leader in Germany, Austria, Scandinavia and Italy. FP has subsidiaries based in 15 countries and is represented by its own trading network in many other countries. In the Mail Services business unit, FP offers the consolidation of business mail and is among the leading providers in Germany. In 2021, FP generated revenue of more than EUR 200 million.
04.10.2022 CET/CEST Dissemination of a Corporate News, transmitted by EQS – a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com
| Language: | English |
| Company: | Francotyp-Postalia Holding AG |
| Prenzlauer Promenade 28 | |
| 13089 Berlin | |
| Germany | |
| Phone: | +49 (0)30 220 660 410 |
| Fax: | +49 (0)30 220 660 425 |
| E-mail: | [email protected] |
| Internet: | www.fp-francotyp.com |
| ISIN: | DE000FPH9000 |
| WKN: | FPH900 |
| Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange |
| EQS News ID: | 1456413 |
| End of News | EQS News Service |