TPG Expands Unaddressed-Mail Network in Germany

Share this article:
German-based TPG Post Holdings acquired German unaddressed-mail distribution company Werbeagentur Fischer GmbH for an undisclosed sum, TPG Post's parent company TPG NV said Friday.


Werbeagentur, based in Bavaria, has a route-based delivery network covering 300,000 households in southeastern Germany. Werbeagentur has sales of 4.7 million euros in 2002, TPG said.


TPG Post already has unaddressed-mail networks in northwest Germany, Berlin and Baden-Wuertenberg. TPG said the acquisition gives TPG Post direct access to southeast Germany and establishes a steppingstone for further regional expansion.


This material may not be published, broadcast, rewritten or redistributed in any form without prior authorization. Your use of this website constitutes acceptance of Haymarket Media's Privacy Policy and Terms & Conditions