Norwegian and Danish postal companies make acquisitions in Sweden

Pan Nordic Logistics, jointly owned by Post Denmark and Norway Post, today acquired Expressgods, a company with an annual turnover of 110 million SKr.

This deal means that Pan Nordic Logistics will have its own distribution net with 300 receiving and delivery locations. It gives the postal companies and Pan Nordic Logistics an opportunity to compete with the Swedish Post AB for business customers. After this acquisition, Pan Nordic Logistics will have 30 per cent of the business market shares for express parcel services.

Creating our own Swedish distribution net is our first step towards becoming the leading Scandinavian supplier of courier, express and parcel services, within the next two years, comments Benny Rhe Hansen, CEO, Pan Nordic Logistics.

Pan Nordic Logistics and Expressgods initiated a close collaboration in November 2001, and today Expressgods handle all parcel distribution for Pan Nordic Logistics in Sweden. The acquisition of Expressgods is very advantageous, among other things, it will give Pan Nordic Logistics a leading position on the Swedish express market and exclusive access to trains for courier services.

For more information, contact:
Benny Rhe Hansen, CEO, Pan Nordic Logistics AB Phone: +45 40 305588
Mariann Eriksson, Public Relations Director, Pan Nordic Logistics Phone: +46 702 101261

About Pan Nordic Logistics:

Pan Nordic Logistics AB is a logistics company operating on the international market and focusing on parcel services. The companys goal is to drive and develop an integrated Scandinavian logistics network.

The company was set up in 1997 and is owned today by Norway Post and Post Denmark. Pan Nordic Logistics has its Head Office in Stockholm and local offices in Norway, Denmark, Finland and Sweden.

Pan Nordic Logistics ABs turnover was 1.2 billion SKr in 2001 and the company currently has 130 employees. The acquisition of Expressgods will increase the number of employees to 180. For more information: www.pannordic.com.

Jeanette Jørgensen

Vice President Information
e-mail
T +45 70 28 60 26
M +45 21 70 81 70

Earlier pressreleases

	8/29/2008 Norwegian postal service buys a leading Scandinavian logistics company
	8/19/2008 Ingram Micro chooses PNL as their logistics partner
	4/29/2008 Nordic commerce favours the parcel market
	5/2/2007 The Danish Post’s and Norwegian Post’s joint company delivered best result ever in 2006
	1/11/2007 PNL to use radio commercials again
	11/29/2006 The logistics industry must focus on security
	11/1/2006 PNL sells Solutions to Box Delivery
	8/29/2006 Fashion customers advertise for PNL
	4/24/2006 Increased e-commerce favours logistics companies
	2/15/2006 PNL in huge campaign quoting competitors on 1729 outdoor City Backlights
	2/1/2006 Ring, and we will return parcels
	1/26/2006 Estonia becomes part of Pan Nordic Logistics post alliance
	12/14/2005 Sending parcels safe and sound
	4/26/2005 Strong result for logistics company PNL
	4/4/2005 PNL in new TV commercial
	3/16/2005 PNL carries on with price awarded prank calls
	11/22/2004 No Christmas trees in your parcels to New Zealand
	11/1/2004 Now PNL´s receivers can return parcels within the Nordic countries
	10/14/2004 New prank calls from PNL
	5/12/2004 Gudrun Sjödén expand their cooperation with PNL
	4/20/2004 PNL delivers parcels to the TV couch
	3/8/2004 PNL suited Diesel´s clothes best
	3/3/2004 PNL runs award nominated radio campaign with prank calls again
	1/27/2004 Finnish fashion to the Nordic region with PNL
	1/8/2004 Expressgods becoming part of PNL
	12/2/2003 Do not send ham as a Christmas gift to Russia
	9/24/2003 PNL makes prank calls to other parcel delivery companies and checks how well they find their way in the Nordic area
	9/8/2003 Customer Service of Electrolux maintained also after centralization of warehouses
	6/16/2003 Iceland becomes latest addition to PNLs Nordic postal alliance
	4/24/2003 PNL helps castaways on the Cattegat
	3/26/2003 Now PNL is going to keep the Nordic Region alive
	3/5/2003 Pan Nordic Logistics spreading beauty throughout the Nordic region
	2/25/2003 Pan Nordic Logistics’ Nordic post alliance expands in the Baltic Region
	1/13/2003 More satellite receivers to the world with Pan Nordic Logistics
	12/9/2002 Do not send Christmas Snaps as a gift to Finland
	11/14/2002 New actor beats Swedish Post once more
	11/7/2002 Without Expressgods no TV-shows
	9/25/2002 We can now reach all companies and households in the Nordic countries
	8/27/2002 Scandinavia’s trendiest sports wear and rucksacks are distributed by Pan Nordic Logistics
	8/13/2002 Expressgods' couriers working for TV4 and Position X
	8/11/2002 Pan Nordic Logistics is launching a new European pallet service in the Nordic countries
	6/3/2002 Pan Nordic Logistics launch a new domestic service for business customers
	5/14/2002 Pan Nordic Logistics pre-launch a new domestic service at the Transport and Logistics trade fair
	5/13/2002 The deal is now closed and Pan Nordic Logistics are the proud new owners of Expressgods
	4/17/2002 Profit increase for Pan Nordic Logistics, owned by the postal companies
	4/16/2002 Lindex and Panduro choose Pan Nordic Logistics
	3/22/2002 Norwegian and Danish postal companies make acquisitions in Sweden
	3/5/2002 CarryOn is Scandinavian and means international parcels
	1/2/2002 Scandinavian upstart challenges Posten Sverige for company parcels and post order
	10/15/2001 Pan Nordic Logistics to carry on without Posten AB
	5/4/2001 Benny Rhe Hansen new CEO for Pan Nordic Logistics