In the 1990s, the Dutch national post-and-telecoms company was looking to expand its business overseas. It had had a monopoly in the Netherlands for almost 200 years, but, with the arrival of modern communication technology, it needed to move with the times to protect its traditional mail business. In 1989, it had become a private company, called KPN, giving it more flexibility and freedom to diversify.
KPN took its first steps on the international express market in 1992 and, in 1996, it acquired the TNT group, heralding a new era for the global post and express industry.
By 1998, KPN determined that the collaboration of their postal division with TNT would go it alone and divested TNT Post Group (TPG) to list independently on the stock exchanges of Amsterdam, New York, London and Frankfurt.
To consolidate the brand and improve worldwide recognition, the name 'TPG' was to be dropped in favour of 'TNT' in 2005.
In the 1990s, the Dutch national post-and-telecoms company was looking to expand its business overseas. It had had a monopoly in the Netherlands for almost 200 years, but, with the arrival of modern communication technology, it needed to move with the times to protect its traditional mail business. In 1989, it had become a private company, called KPN, giving it more flexibility and freedom to diversify. KPN took its first steps on the international express market in 1992 and, in 1996, it acquired the TNT group, heralding a new era for the global post and express industry.By 1998, KPN determined that the collaboration of their postal division with TNT would go it alone and divested TNT Post Group (TPG) to list independently on the stock exchanges of Amsterdam, New York, London and Frankfurt.To consolidate the brand and improve worldwide recognition, the name 'TPG' was to be dropped in favour of 'TNT' in 2005.
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