Yource Group completed the acquisition of Cendris Customer Contact B.V. from PostNL N.V. for €48 million.
February 22, 2021
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Yource Group signs agreement to acquire Cendris Customer Contact B.V. from PostNL N.V. (ENXTAM:PNL) on December 17, 2020. After completion of the transaction, Cendris will continue under the Yource name in the course of 2021. Transaction is expected to be completed in the first quarter of 2021. Mohammed Almarini, Koen Vanhaerents and Joost Polman of Baker & Mckenzie Amsterdam N.V. acted as a legal advisor to FINTREX Recruitment B.V. Lexence N.V. acted as legal advisor to PostNL N.V.
Yource Group completed the acquisition of Cendris Customer Contact B.V. from PostNL N.V. (ENXTAM:PNL) for €48 million on February 23, 2021.
PostNL N.V. specializes in supplying mail, parcels and e-commerce services. The company also provides services in the area of data and document management, direct marketing and fulfilment. Net sales (including intragroup) break down by activity as follows:
- parcel delivery (58.3%): in 2023, PostNL N.V. delivered 343 million parcels in Belgium, the Netherlands and Luxembourg;
- mail delivery in the Netherlands (35.4%): 1,745 million postal items processed in 2023;
- other (6.3%).
Net sales are distributed geographically as follows: the Netherlands (85.3%), Europe (8.5%) and other (6.2%).
POSTNL N.V. 
