Netherlands-based post and parcel firm PostNL – parent company to TNT Post -has sold part of its stake in TNT Express. The company revealed the sale of half of its share in TNT Express last week. It formerly held around 30% of the business’s outstanding share capital. The sale commenced on Friday (6 December) and will close on Thursday (12 December) and PostNL has valued the sale at €507m, approximately €6.20 per share. PostNL has held a 30% stake in […]
TNT Express has appointed Jeroen Seyger as interim chief financial officer (CFO) and interim member of the executive board. Seyger will take on the responsibilities of previous CFO Bernard Bot, who became interim chief executive following the departure of Marie-Christine Lombard last month. “Jeroen’s financial and business experience inside and outside the company, plus his involvement in recent strategic projects, gives me great confidence,” Bot said. Seyger joined the company in 2003 and has held a range of senior management […]
Menzies Distribution has bought Scottish parcels carrier Oban Express to boost its service offering in remote locations.
Mark Vale has been appointed as the new president of UPS UK, Ireland and Nordics to lead a key growth region for the postal giant.