Byrknes Auto now a part of Post Nord

PostNord has today finalized the acquisition of certain assets of Byrknes Auto AS. The business will be included in PostNord’s accounts as of February 1, 2013 as a part of business area Logistics. The acquisition means additional strengthening of PostNord’s position in the growing Norwegian logistics market.

- We are happy to welcome customers and employees to the Nordic region’s leading communication and logistics operator. The acquisition further strengthens PostNord’s position in the growing Norwegian logistics market, says Henrik Höjsgaard, Head of Business Area Logistics at PostNord.

Byrknes Auto is one of Norway’s largest thermo carriers. The company offer services primarily for fish and grocery transportations. Byrknes Auto had sales of NOK 293.6 m in 2011. The number of employees was approximately 100.

- With the acquisitions of Byrknes Auto, and before that Harlem Transport, we take a strong position within fish and grocery transportations in Norway which improves our utilization of linehaul capacity and creates opportunities for new organic growth, says Robin Olsen, CEO Tollpost Globe.

PostNord’s logistics operations in Sweden, Denmark, Norway and Finland had sales of approximately SEK 13 billion in 2011. Operations are focused on parcel, pallet, express and third-party logistics. PostNord’s logistics operations in Norway are run through Tollpost Globe AS, one of Norway's three largest logistics companies with NOK 2.7 billion in sales in 2011.

PostNord AB (publ) is required to disclose the foregoing information under the Security Markets Act and/or the Financial Instruments Trading Act. The information was submitted for publication on February 1, 2013 at 11.00 AM CET.

About PostNord
PostNord was formed in 2009 through the merger of Post Danmark A/S and PostenAB.The group offers communication and logistics solutions to, from and within the Nordic region, with sales of approximately SEK 40 billion and roughly 40,000 employees. Operations are run in business areas Mail Denmark, Mail Sweden, Logistics and Strålfors. The parent company is a Swedish public company headquartered in Solna, Sweden. Read more about PostNord at www.postnord.com.

About Tollpost Globe
Tollpost Globe is part of PostNord Group and one ofNorway’s three largest transport companies. In 2011 the company had sales of approximately NOR 2.7 billion, 900 employees and 700 drivers distributed between 29 departments. The company, headquartered inOslo, handles around 60,000 parcels every day.

Last updated: 2/18/2014 4:01 PM