
Quadriga Capital exits Francotyp-Postalia
Quadriga Capital has exited the German mail service provider Francotyp-Postalia by selling its 26.3% stake.
Stockwell Capital, another investor, has sold its remaining 4.98% stake. The shares were sold to institutional investors in Germany, France, Switzerland and the UK. The postal solution provider has almost doubled its stock market value in the last year.
Francotyp-Postalia offers franking and enveloping machines, a pick-up service of business mail and online-mail solutions for the private and business sector. The company was founded in 1983 and is based in Birkenwerder.
Quadriga Capital acquired Francotyp-Postalia in 2005 for between €50-100m. In November of the following year, Quadriga floated the mail service provider on the Prime Standard in Frankfurt for a capital increase, with 2.7 million new shares offered.
The unquote" team is currently researching this transaction. In-depth deal information for subscribers will follow shortly.
If you have any information regarding this transaction, please contact Diana Petrowicz on +44 20 7004 7505 or diana.petrowicz@incisivemedia.com
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