Strategic partnership in the mail market: TNT Post takes stake in mail companies of Georg von Holtzbrinck publishing group

Stuttgart – TNT Post Deutschland GmbH is taking a stake in thirteen regional mail delivery businesses owned by the Georg von Holtzbrinck publishing group. This will take joint household coverage by the two companies to more than 40%.

A team led by Stuttgart-based CMS Hasche Sigle partner Dr Maximilian Grub advised the Georg von Holtzbrinck publishing group in its negotiations with TNT Post.

TNT is acquiring two 50% shareholdings in Berlin and Brandenburg, plus minority interests of 25.1% in the Saarbrücken, Freiburg, Constance, Trier, Cottbus and Würzburg regions.

TNT Post has been operating in the German mail market for ten years, focusing on expanding its delivery network by way of partnerships and equity stakes in existing companies, in addition to developing its own structures. The new equity holdings in Berlin and Brandenburg as well as in the regions around Saarbrücken, Freiburg, Constance, Trier, Cottbus and Würzburg are part of TNT Post's strategy of integrating regional mail service providers to help build a nationwide delivery network.

The Georg von Holtzbrinck publishing group originally acquired the mail delivery companies involved in this deal with TNT Post from the insolvency administrator of PIN Group AG last year. The companies have a total of some 2,500 employees.

Advisers CMS Hasche Sigle:

Dr Maximilian Grub, Partner (Lead Partner)
Dr Ulrich Thiem
Dr Florian Hofer
Dr Michael Allmendinger (all Corporate/M&A)

Contact:

Tel.: +49 711 9764 319
E-mail: Maximilian.Grub@cms-hs.com