Posti Group Oyj continues its growth in logistics in line with its strategy. On 28 September 2018, the company signed an agreement with MB Fund and other shareholders of Transval Group Oy Finland, whereby Posti will acquire the entire share capital of Transval, a specialist in in-house logistics.
The Finnish Competition and Consumer Authority (FCCA) has today, 17 January 2019, given its final approval to the transaction between Posti and Transval. The transaction is expected to be completed as soon as possible and will be announced separately.
The transaction will make Posti and Transval together a major player in logistics outsourcing solutions in Finland. KKV has approved the transaction subject to restrictions agreed between Posti and KKV relating to Transval's 3PL customers. Transval will continue to operate as an independent company and the transaction will have no impact on its staff or on customers' existing services.
