Francotyp-Postalia Holding AG / Contract/Mergers & Acquisitions
12.04.2010 09:26
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Francotyp-Postalia acquires Ricoh's franking machine business in Sweden
- FP Sverige AB formed as a new sales company
- FP Group now directly represented by ten distribution companies worldwide
- Management Board sees good opportunities in the Swedish market
Birkenwerder, April, 12 2010. FP Sverige AB, a subsidiary of the worldwide
FP Group, has acquired Ricoh's franking machine business in Sweden. A
contract of sale to this effect was signed with Ricoh Sverige AB, a
subsidiary of Ricoh, a global leader in digital office solutions and
production printing. Ricoh distributed franking machines exclusively in
Sweden as a part of its local business and will continue to serve Swedish
end customers to some extent.
With its newly formed FP Sverige AB, the FP Group now has ten sales
companies of its own and is directly represented on all the major
international markets. The Swedish franking machines market has a volume of
some 51,000 machines. As a result of the transaction, the FP Group now has
an installed base of around 10,000 machines in Sweden, corresponding to a
market share of approximately 20%.
The Swedish Post is currently in the process of replacing the total
installed base of franking machines with a new technology standard. The aim
is to complete this task within a period of five years. 'This acquisition
puts us in a position to exploit the good market opportunities in Sweden.
Over the medium to long term we intend to increase our market share there,'
said Andreas Drechsler, a member of FP Group's Management Board.
With a total installed base of around 260,000 franking machines, the FP
Group is the world's third largest supplier. The Company is market leader
in both Germany and Austria, with a market share of 45% in each case.
Francotyp-Postalia Holding AG will announce its consolidated financial
statements 2009 on April 29, 2010.
Contact
Francotyp-Postalia Holding AG
Corporate Communication
Sabina Prüser
Tel: +49 (0)3303 525 410
Fax: +49 (0)3303 53707 410
E-mail:s.prueser@francotyp.com
The FP Group in Brief
Francotyp-Postalia Holding AG (FP Group) is a leading manufacturer of
franking machines covering the whole value added chain in the outbound mail
market. Its products and services range from franking and inserting
machines to the collection, sorting and consolidation of outbound mail, as
well as electronic hybrid mail solutions offering 21st century mail
processing. With its headquarters in Birkenwerder near Berlin, the FP Group
offers businesses of all sizes individually tailored mail management
solutions. The FP Group has local branches in many industrialised countries
and currently holds over 9% of the worldwide franking machine market. With
a corporate history extending back over 85 years, today the FP Group is
profiting from the growing liberalisation of mail markets and the
increasing interest of businesses to delegate their outbound mail
operations to professional service providers. In financial 2008, the Group
employed around 1,000 people, with revenue of 142.4 million euros and an
EBITDA of 18.2 million euros.
Kontakt:
Francotyp-Postalia Holding AG
Media Relations
Telefon: +49 (0)3303 525 777
Telefax: +49 (0)3303 53 70 77 77
E-Mail: pr@francotyp.com
12.04.2010 09:26 Ad hoc announcement, Financial News and Media Release distributed by DGAP. Medienarchiv at |[![CDATA[|[a href="http://www.dgap-medientreff.de"|]www.dgap-medientreff.de|[/a|]]]|] and |[![CDATA[|[a href="http://www.dgap.de"|]www.dgap.de|[/a|]]]|]
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Language: English
Company: Francotyp-Postalia Holding AG
Triftweg 21-26
16547 Birkenwerder
Deutschland
Phone: +49 (0)3303 525 777
Fax: +49 (0)3303 53 70 77 77
E-mail: ir@francotyp.com
Internet: www.francotyp.com
ISIN: DE000FPH9000
WKN: FPH900
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, München, Düsseldorf, Stuttgart
End of News DGAP News-Service
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DGAP-News: Francotyp-Postalia Holding AG: Francotyp-Postalia acquires Ricoh's franking machine business in Sweden
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