PostNL completes sale of Nexive’s business to Mutares
Transaction underpins strategic focus on core markets
PostNL today announced it has successfully completed the sale of its Nexive business to Mutares. Nexive is the number-two mail and parcels provider in Italy. As previously announced, PostNL is obtaining a minority interest of 20% in the entity acquiring the Nexive business.
This transaction allows Nexive to further develop its business and to build its position in the Italian mail and parcels market. For PostNL, the completion of the sale of the majority stake in Nexive underpins its strategy of focusing on its core markets in the Benelux region, supporting its transformation into an e-commerce logistics and postal service provider.
Nexive provides mail services to 80% of Italian households, and provides parcel services to the entire Italian market. It’s the second largest player in the Italian mail market and aspires to be the smart challenger, offering customers the best balance between service, quality and price. It achieves this ambition by focusing on customer interaction and by further strengthening its network.
About PostNL
We are PostNL, here for everyone, bringing it all together for 225 years. With an extensive network of nearly 5,800 PostNL points, 11,000 letterboxes, and over 900 automated, also open to various carriers, along with millions of users of the PostNL app, we're always close by. We aim to be everyone's favourite deliverer by making it as easy as possible to send and receive parcels and mail. With nearly 34,000 colleagues working with us, we are part of society. We offer a range of services, including mail and parcel delivery, logistic e-commerce solutions, and cross-border solutions. On an average weekday in the Benelux, we deliver 1.1 million parcels and 6.9 million letters. We are commitment to customer satisfaction, providing opportunities for our employees, and generating value for our stakeholders through growth, digitalisation, and sustainability.
We optimise and support our physical networks through the use of smart digital solutions and introduce new propositions that add value for our customers. And aim for sustainable employment relationships by being a good employer to all people working with and for us. We focus on sustainability, making many journeys on foot and by bicycle, increasingly using cleaner fuels and electric vehicles, and offering innovative city logistics. PostNL N.V. is a publicly traded company with a turnover of €3.2 billion in 2023, 62% of which e-commerce related.