Apriso was part of a portfolio of start-up companies allocated to TNT Express as part of the demerger from TNT N.V. Cash proceeds to TNT Express are $ 32 million.
Press Release
TNT Express sells equity interests in Apriso
Publish Date : 05 July 2013 08:00 CET -Amsterdam, The Netherlands
TNT Express today announces the sale by its investment fund Logispring of its 14.3% equity interests in Apriso, a leading provider of manufacturing software solutions based in the United States, to Dassault Systèmes in a cash transaction valuing the company at approximately $ 205 million on a cash and debt free basis.
About TNT Express
TNT Express is one of the world’s largest express delivery companies. On a daily basis, TNT Express delivers close to one million consignments ranging from documents and parcels to palletised freight. The company operates road and air transportation networks in Europe, the Middle East and Africa, Asia-Pacific and the Americas. TNT Express made €7.3 billion in revenue in 2012.
CONTACT INFORMATION
| MEDIA Cyrille Gibot Phone: +31 (0)88 393 9300 Mobile: +31 (0)65 113 3104 E-mail: cyrille.gibot@tnt.com |
INVESTORS Andrew Beh Phone: +31 88 393 9500 E-mail: andrew.beh@tnt.com |
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