Pitney Bowes' international mail services activities encompass international mail logistics and distribution services for customers to over 215 countries.
The acquisition strengthens Asendia's market position in the United Kingdom, a key market for the company, and confirms Asendia's strategy for development and growth in cross-border mail.
The acquisition will, says the company, allow customers in the United Kingdom to benefit from a wider range of high quality, value-added products and services for international mail from two of Europe's leading postal operators, and access to an extensive global distribution network to reach new international markets.
The acquisition expands Asendia's capacity and opens up significant business opportunities, in particular, increasing growth and market share in cross-border e-commerce, catalogues, direct mail and press and publishing.
"We are excited that Pitney Bowes' international mail services operations in the United Kingdom will become part of Asendia and welcome the business' employees to our team," said Frederic Petton, Chief Executive, Asendia United Kingdom. "We look forward to working with our new customers and demonstrating to them Asendia's capability and reputation for customised, high quality, value-added, end-to-end mail solutions."
"This acquisition confirms Asendia's commitment to international mail and the UK market, and strengthens our capabilities to respond rapidly to sustain our customers' continuing need for the most comprehensive range of international mail solutions," said Petton.
The transaction is expected to be completed at the end of May.
Asendia says: “Asendia is one of the world’s leading companies for the distribution of international mail to over 220 countries. Asendia offers its customers high quality and sustainable B2C solutions for cross-border global mail, catalogues, press and small goods. The joint venture of the French La Poste and Swiss Post is present in Europe, Asia and in the U.S.A. through 25 offices and a network of partners and has over 1,000 employees worldwide.”