TNT Post Groep NV - Re Joint Venture
10 Dezember 1999 - 11:18AM
UK Regulatory
RNS Number:2659C
TNT Post Groep NV
9 December 1999
PTT POST AND OCE FACILITY SERVICES DECIDE AGAINST JOINT VENTURE
Following mutual consultation, Mailprofs, part of Royal PTT Post B.V., and Oce
Facility Services (OFS), part of Oce Nederland B.V., have decided against their
intended joint-venture for the provision of general and technical services for
(electronic) document handling. In June this year, both parties announced they
would be investigating the possibilities of combining their specialist
knowledge.
Whilst negotiating the finer points of the intended agreement, both parties
concluded that a joint venture would not fully meet their respective strategic
objectives.
Mailprofs and Oce have decided to continue to operate independently. However,
in light of the complementary nature of their activities, the possibility of
future cooperation on a project basis cannot be excluded.
Mailprofs is market leader in the provision of (electronic) document handling
services with more than 650 specialised staff members at 160 sites.
To the editor: (not for publication)
For further information please contact
Debbie de Wagenaar,
Director Press Office
TNT Post Group
telephone: +31 (0)20 500 6221 or 06 534 18625
E-mail: debbie.de.wagenaar@tntpost.com
END
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