Whistl has completed its management buyout deal (MBO) from former parent company Post NL. The MBO was announced in July, when Post NL announced it would retain just 17.5% of the company, as opposed to the 100% it held until now, giving Whistl control of the remaining 82.5%. When the deal was announced, Whistl chief executive Nick Wells said it would give the company, formerly known as TNT Post, more freedom in its approach to the UK mail market. He […]
TNT UK has appointed ex-City Link finance director Robert Peto to its board. He replaces John Downing, the company’s financial director.
TNT Express has announced the intended sale of its Dutch TNT Fashion Group operation to a consortium formed by Belgian fashion and lifestyle logistics firm Belspeed and Turkish logistics and transport conglomerate Netlog Group.
Whistl has brought in former TNT MD Alistair Cochrane as it ramps up its presence in the parcel delivery sector.