March 31, 2015

Neopost contemplates a majority stake in Temando

Neopost, the number 2 global supplier in Mail Solutions and a major player in Digital Communication and Shipping Solutions, today announced to be in advanced negotiations to acquire a majority stake in Temando, an Australian technology company providing intelligent fulfillment software for the e-commerce and logistics industries.

Denis Thiery, Chairman and Chief Executive Officer of Neopost, commented: This stake would provide us with technologies that perfectly complement our existing offering in the field of shipping management, notably regarding e-commerce, compliance control and full landed costs. This transaction would be a unique opportunity to extend our footprint among e-merchants and e-fulfilment service providers.”