News details

TNT sells document management business

TNT N.V. has announced that agreement has been reached to sell the business line Document Management (part of Cendris) in the Netherlands, to Spanish-based Service Point Solutions, S.A. (SPS) for an amount of € 27 million. SPS is a listed company specialising in reprographic solutions, document management and facility management. The company is headquartered in Barcelona.

The activities of the business line Document Management of Cendris consist of mailroom management, reprographics and scanning & capture services. The business activity includes the on-site management of 150 large mailrooms and 48 reprographic centres for its customers. Document Management employs in total over 900 people and has annual revenues of around € 70 million.

As result of its strategic review, TNT came to the conclusion that the business line Document Management was not core to TNT's focus strategy and no longer added value to the other services of Cendris.

Bookmark and Share

Discuss this news item at the Ti Forum on Linkedin

Follow Transport Intelligence on Twitter

Source: TNT


Click here to purchase the complete Transport Intelligence Logistics Briefing archive, providing access to around 1,500 briefs and over 4,000 news items.


The Future of Logistics, Singapore 2015


Related Products

European Road Freight Transport 2014

Global Automotive Logistics 2014

Global Freight Forwarding 2014

Global Contract Logistics 2014

Global Transport and Logistics Financial Analysis 2014

Global Express and Small Parcels 2014

Global Healthcare Logistics 2014

Global Chemical Logistics 2013

European Road Freight Transport 2013

Global Emerging Markets Logistics 2013

Oil and Gas Exploration and Production Logistics 2013

Global Freight Forwarding 2013

Global Contract Logistics 2013

Asia Pacific e-commerce Logistics 2013

Europe e-commerce Logistics 2013

Follow Us on Twitter