Schlott Gruppe AG will sell its direct marketing division to Oesterreichische Post AG for 60.5 million euros ($81.6 million).
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Schlott Gruppe AG will sell its direct marketing division to Oesterreichische Post AG for 60.5 million euros ($81.6 million).
The transaction is subject regulatory approval.
The Freudenstadt, Germany company said it will use the sale’s proceeds to gain additional momentum in the European printing market.
