Posti Group Corporation continues its growth in logistics according to its strategy. The company has signed an agreement on September 28, 2018 with MB Rahastot and the other Transval Group Oy’s shareholders on Posti acquiring the entire share capital of Transval, a company that specializes in in-house logistics.
Today on January 17, 2019, the Finnish Competition and Consumer Authority (KKV) has issued a final decision on Posti’s Transval acquisition. The plan is to realize the acquisition as soon as possible. The realization of the acquisition will be announced separately.
As a result of this acquisition, Posti and Transval will together become a significant operator in logistics outsourcing solutions in Finland. KKV has approved the acquisition in accordance with restrictions agreed upon by Posti and KKV. The restrictions are related to Transval’s 3PL customers. Transval will continue to operate as an independent company. The arrangements will not have an impact on any of the personnel or the current services of the customers.