The goal of the acquisition is to strengthen the bpost parcel division with new complementary logistical knowhow and accelerate the international development of DynaGroup’s growth platform.
After the successful acquisition of the Belgian activities of Lagardère Travel Retail, bpost now takes another step in its growth and diversification strategy with regard to proximity and convenience. The acquisition of the whole DynaGroup and its business units (Dynafix, Dynalogic, Dynasure and Dynalinq) will enable bpost to add further logistical solutions to its services for e-commerce customers. The acquired businesses generated a consolidated turnover of EUR 88.5m and a normalized EBITDA of EUR 6.8m for the period ending 31 December 2015.
DynaGroup offers a range of logistical services and software, from the repair of electronics (from smartphones to coffee machines) to personalized e-commerce delivery services, for both small products (ranging from passports to smartphones with contract finalization on the doorstep) and large consumer products (such as the delivery and installation of washing machines). DynaGroup counts approximately one thousand customers in the BeNeLux (including major telecom operators, smartphone manufacturers, insurers, retail chains and market leaders in e-commerce).
Dick Wammes, CEO of DynaGroup, says: “Backed by the strength of bpost, we are better placed to achieve our fast-growth ambitions as an innovative logistics service provider in the BeNeLux, but also beyond. Our added value services complement bpost services and the joint portfolio creates a strong logistical offer for our customers. At DynaGroup we look forward to helping our shared after-sales and e-commerce customers achieve success over the coming years through the smartest supply chain, based on our innovation and strength in IT!”
Koen Van Gerven, CEO of bpost, adds: “On the one hand, the logistical activities of DynaGroup are close to our own core businesses. On the other hand, it has successfully specialized in integrated end-to-end solutions and software, which offer clear added value to our parcels customers. In DynaGroup we have found an important complementary strategic partner and I look forward to continuing the pursuit of our ambitions in the parcel sector together.”
DynaGroup – established in 1995 and headquartered in Sittard (Netherlands) – will continue to operate under its own name as an independent personalized logistics division within bpost.
DynaGroup is the successful spin off of the repair company Dynafix, which was founded in 1995. Established as a specialist in service management for the telecom industry (including DECT, car kits and mobile telephony), Dynafix now repairs a full array of consumer electronics. In addition to repairs, Dynafix has also developed in close collaboration with its customers many smart solutions and service models for the full logistical supply chain. DynaGroup is the ultimate results of this dedicated customer focus. More than 1000 employees active in four business units (Dynafix, Dynalogic, Dynasure and Dynalinq) work on a daily basis as a partner behind the scenes to create a unique customer experience for end users and smart supply chain processes with benchmark value for money thereby supporting the growth and success of DynaGroup’s customers. DynaGroup has seven branches in the BeNeLux, each one specialized in a specific region and/or supply chain discipline.
bpost is the leading postal operator in Belgium, offering a wide range of products and services on mail and related markets. bpost’s core business is the collection, sorting, transport and delivery of letters and parcels. Every day bpost staff deliver 9.1 million letters and 127.000 parcels to 4.7 million households in Belgium. bpost also develops activities relating to the interaction between electronic communication and physical mail and bpost’s subsidiaries provide solutions in document management, international value added services and more. The international activities operate under the name “Landmark Global, a bpost company”
bpost is listed on Euronext (Brussels). In 2015 bpost generated revenues of over 2.4 billion euros.