Reposition.
Regain competitiveness.
The Postcon Group was Germany's second largest mail service provider after Deutsche Post with over one billion mailings a year. Together with Postcon management, we dissolved a traditional group structure and repositioned the company as a single, agile and competitive service provider.
Ratingen, Germany
3,500 employees
Acquisition in 2019
Mail services
Seller: PostNL
Exit in 2019/2020/2021
Assessment.
Acquire the entire German business from Dutch PostNL
Second largest mail service provider in Germany
Inefficient and complex group structure with eight operating companies and significant losses
Realignment and repositioning of the Group as a single service company
Repositioned the four divisions as independent companies
Dissolved previous organizational and management structure
Implemented cost-cutting measures in loss-making units and focused on core business areas
Reorganized key account business, including by concentrating on a large, modern sorting center and closing smaller, less efficient locations
Invested in modern sorting technology and IT, and digitized business processes
Focus.
Operational improvement
Repositioning
Cost optimization
Growth
Achievement.
Successful reorganization.
Highlights from a targeted development strategy include:
Successful repositioning to an independent, medium-sized company
Return to profitability by focusing on the core business