Sandd acquired by PostNL
Houthoff advised Sandd in the sale and transfer of Sandd to PostNL for EUR 130 million. On 25 February 2019, PostNL and Sandd informed its employees and notified the ACM and the relevant works councils and trade unions of the transaction.
The main purpose of the transaction between Sandd and PostNL was to ensure the stability of the postal market in the Netherlands and to preserve jobs. According to Sandd managing director Ronald van der Laar: "Opting for one strong national postal network is the best long-term solution for the consumer, the business sector and for employees. It is the only solution if we are to guarantee the continuity of the postal service in the Netherlands."
PostNL en Sandd vormen samen één sterk landelijk postnetwerk voor heel Nederland | PostNL (Dutch only)
PostNL koopt Sandd: Stibbe, Houthoff, Allen & Overy, Bird & Bird adviseren | Advocatie (Dutch only)