Parcelnet acquires TNT Post courier business

Just days after parent company Otto Group announced that the
Parcelnet logistics business would no longer be part of the Otto
UK division, Parcelnet acquired the courier business of rival TNT
Post. As part of the deal, Parcelnet will take over TNT Post’s
contract with multititle mailer JD Williams.

With this acquisition, Parcelnet expects to deliver an additional
12.5 million packages a year, bringing its total to more than 100
million. Now part of Otto’s Germany-based international logistics
business, Parcelnet had acquired the courier network of another
multititle mailer, Redcats UK, last year.

In other Parcelnet news, has signed a three-year
deal with the courier for daily deliveries to customers across
the UK.



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