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Completed Acquisition

13 September 2013 | Updated 01 January 1970
 

Swiss Post has completed the acquisition of Pitney Bowes’ UK and Ireland Management Services Business. This takeover is seen as strengthening the international market presence of Swiss Post Solutions, the Swiss Post Group unit specialising in document management related business process outsourcing. With this purchase, it becomes the largest specialist organisation in the marketplace for mail and document management services in the UK and the Republic of Ireland.

In addition to acquiring a blue chip client list to complement the existing client portfolio, Swiss Post Solutions has taken over a number of facilities, including a secure mail screening centre and a document processing and production centre, improving its service delivery capability.

As part of the deal, approximately 900 staff working for Pitney Bowes Management Services across the UK and the Republic of Ireland have transferred to Swiss Post Solutions.

“Looking ahead, we will be embracing the opportunities the deal provides to deliver an enhanced profile of exceptional services to existing and future clients,” declared Jonathan King, chief executive, SPS UK and Ireland.

Article written by ThisWeekinFM | Published 13 September 2013

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