The deal is now closed and Pan Nordic Logistics are the proud new owners of Expressgods
Pan Nordic Logistics, jointly owned by Post Denmark and Norway Post, are now the new owners of Expressgods, since the deal has been approved by the Swedish Competition Authority. This deal gives Pan Nordic Logistics their own efficient Swedish distribution net for their Scandinavian business parcel services.
Expressgods is from today a subsidiary of the Pan Nordic Logistics Group. Expressgods will keep their name and the operation will continue as before with express services for Swedish companies and private persons. A new board of directors will take up their duties after the extraordinary shareholder’s meeting in early June.
- I am very happy to see that we now have a complete Scandinavian distribution net for business parcel services, and a subsidiary that can offer express services. But we have a higher goal. Within the next two years we want to be the leading Scandinavian supplier of courier, express and parcel services. To reach our goal we will form new business partnerships and acquire more companies, 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 service 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 international parcel services. The company’s goal is to drive and develop an integrated Scandinavian logistics network, with strong links to the rest of the world.
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 AB’s turnover was SEK 1.1 billion in 2001 and the company currently has 160 employees.
For more information: www.pannordic.com.