TNT Post Group N.V. (TPG), the British Post Office and Singapore Post have created a global joint venture in cross border mail. The alliance will give customers throughout Europe, the Americas and the Asia Pacific region greater operational flexibility, through access to a combined world-wide alternative network, the development of specialist products and services and the ability to offer a range of pricing options.
All three partners have global mailing expertise, with TPG and the British Post Office providing the alliance with well developed services throughout Europe, the Asia Pacific region and the Americas. Singapore Post, with its operation and systems and established business relationships throughout the Asia Pacific region, will help to take the alliance into a new dimension. TPG will hold a 51%t stake in the alliance, with the British Post Office and Singapore Post splitting the remaining 49%.
“The alliance demonstrates the commitment of three well known and progressive postal companies to provide customers with an alternative, integrated one-stop solution,” said TPG’s CEO Ad Scheepbouwer. “Direct marketers, publishers, e-Commerce merchants, corporate mailers, financial institutions and distance sellers will all benefit from the springboard to Europe, Asia Pacific and the Americas. We believe that the alliance will be fantastic news for all customers who face increasing cost pressures and who need more flexible, reliable value for money services.”
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