DGAP-News: Francotyp-Postalia Holding AG
/ Key word(s): Mergers & Acquisitions
P R E S S R E L E A S E Francotyp-Postalia (FP) is further strengthening its franking and inserting business field by acquiring HEFTER Systemform. The company is thus continuing to implement the ACT strategy and is further expanding the product range in its traditional business. Berlin, 13.02.2020 - Francotyp-Postalia (FP), the expert in secure digital communication (ISIN DE000FPH9000), is taking over the entire business operations of HEFTER Systemform GmbH, based in Prien am Chiemsee/ Germany, as part of an asset deal, effective February 12, 2020. The company has been selling mail processing machines such as inserting and folding machines for around 50 years and offers full services for European customers. FP is taking over the well-known brand name and 28 employees. The products will continue to be sold under the HEFTER Systemform brand. The company generates annual sales of around 6 million euros, a large part of which is in Germany, and will make a positive contribution to FP Group earnings. HEFTER Systemform is known in the industry for its high level of quality and service, which will be guaranteed in the future. The HEFTER service centres in Germany will therefore continue to operate. "Franking and inserting is part of our core business. We can look back on almost 100 years of experience in this business field. HEFTER Systemform has a large number of renowned customers and very good sales structures. By acquiring these valuable assets, we are further expanding our market position, particularly in Germany, as part of our successful ACT strategy," explains FP CEO Rüdiger Andreas Günther. Expansion of the core business FP Chief Sales Officer Patricius de Gruyter says: "Local service is important. Customers trust in high-quality solutions and outstanding service. The purchase of HEFTER Systemform is a small, but ideal acquisition to further improve our position. We also see high synergies and further potential in the area of service and sales." 50 years of experience
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Contact: Francotyp-Postalia Holding AG Maik Laske Head of Treasury / M&A / Investor Relations Telefon: +49 (0)30 220 660 296 Telefax: +49 (0)30 220 660 425 E-Mail: ir@francotyp.com
12.02.2020 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
Language: | English |
Company: | Francotyp-Postalia Holding AG |
Prenzlauer Promenade 28 | |
13089 Berlin | |
Germany | |
Phone: | +49 (0)30 220 660 410 |
Fax: | +49 (0)30 220 660 425 |
E-mail: | ir@francotyp.com |
Internet: | www.fp-francotyp.com |
ISIN: | DE000FPH9000 |
WKN: | FPH900 |
Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange |
EQS News ID: | 973665 |
End of News | DGAP News Service |
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973665 12.02.2020