You will get in contact? We’d be glad to.
You can call us by phone at the usual business hours.
The former major shareholder of Francotyp-Postalia Holding AG, Quadriga Capital, has sold its shares in the company. The private equity company based in St. Helier, Jersey, held an equity interest in the global service provider for professional mail management for more than five years.
Quadriga Capital held 26.3% of the voting rights in Francotyp-Postalia. Stockwell Capital also sold its long-term equity interest, which most recently amounted to 4.98%.
“We have accompanied the company for a number of years. Following its successful restructuring, the FP Group is on the right path. As set out in our business model of the equity investment company we advise, the shares were sold on a broad basis to institutional investors in Germany, France, Great Britain and Switzerland,” explained Dr. Andreas Fendel, Managing Director of Quadriga Capital Eigenkapitalservices GmbH. In placing the shares, Quadriga was supported by Hauck & Aufhäuser.
“We would like to thank Quadriga Capital for the many years of cooperation and partnership,” commented Hans Szymanski, member of the Management Board of the FP Group. “The successful share transaction was oversubscribed several times at this late period of the year. This shows the potential of our company’,” Szymanski continued.
In November, the company raised its forecast for the year as a whole. The FP Group expects to generate revenues of between EUR 140 and 145 million and EBITDA before restructuring costs of between EUR 24 and 26 million in 2010.