Norway Post has strengthened its position in the Nordic logistics market by buying IntertranspedIA and Ytrans, two Swedish logistics companies, and integrating them with CombiTrans AB.
“This acquisition is part of the Group’s strategic focus on Sweden and means we are strengthening our position in cross-border transport to and from the Nordic region,” says Dag Mejdell, the President and CEO of Norway Post.
IntertranspedIA was established in 2000 and bought its subsidiary, Ytrans, in 2007. These companies provide single-consignment, part-load and full-load transport services to Central and Eastern Europe as well as to Turkey. Together, the companies currently have annual revenues of around MSEK 200.
“It is completely right for us to integrate our operations with those of CombiTrans and thus ensure that we will be even stronger in the single-consignment, part-load and full-load transport sector. We are coming to a professional, expansive logistics environment in which we will be able to continue developing well,” says Ingemar Andersson, the resigning CEO and former owner of IntertranspedIA and Ytrans.
Earlier this year, Norway Post bought Sweden’s Coldsped. The acquisition of IntertranspedIA and Ytrans helps to further develop Norway Post’s logistics services.
”IntertranspedIA and Ytrans are two successful companies. By combining them with CombiTrans’s resources and network, we will strengthen our logistics services to Swedish industrial customers,” says Mr Mejdell.
The acquisition is subject to the approval of the Competition Authorities.
For further information, please contact:
Norway Post’s press telephone: +47 95 14 80 00
About IntertranspedIA and Ytrans
IntertranspedIA was established by Ingemar Andersson in 2000 and bought its subsidiary, Ytrans, in 2007. These companies provide
single-consignment, part-load and full-load transport services in Central and Eastern Europe as well as Turkey. Together,
the companies currently have annual revenues of around MSEK 200. The company has an office in Ystad and around 20 employees.
About Norway Post
Norway Post is a Nordic mail and logistics group that develops and delivers integrated postal, communications and logistics
solutions. Norway Post has Nordic and international solutions for parcels, single consignments, part-loads, full-loads and
demanding special assignments.