Mail, express and logistics company TNT N.V. has acquired the Dutch print and mailing house EuroMail through Cendris, part of TPG Post. The positioning of Euro Mail is geared to Direct Marketing
for small and medium-sized enterprises (SME), adding an important and valuable range of productsand services to the portfolio of TPG Post and Cendris.The specific knowledge and experience of Euro Mail in the SME segment form a key complement tothe expertise of Cendris. The acquisition will put TPG Post and Cendris in a better position todevelop and sell new product-market combinations for the SME segment. Euro Mail reported sales of€29 million in 2004. The company employs 116 people at ten operational sites across theNetherlands. Euro Mail specialises in mailing activities (enveloping, addressing, sorting anddistribution), print services, fulfilment and other DM activities, including data and consultancy.Euro Mail primarily serves small, locally operating businesses, but in recent years has added anumber of larger companies to its customer base.
