DGAP-News: Francotyp-Postalia Holding AG: Francotyp-Postalia to move to Berlin in October 2014

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DGAP-News: Francotyp-Postalia Holding AG / Key word(s):
Miscellaneous/Real Estate
Francotyp-Postalia Holding AG: Francotyp-Postalia to move to Berlin in
October 2014

09.01.2014 / 09:40

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Corporate News

Francotyp-Postalia to move to Berlin in October 2014

  - Company makes its development visible to outside world

  - 5,062 m2 office space in Berlin-Pankow

Birkenwerder, 9 January 2014. Francotyp-Postalia Holding AG, the first
multi-channel provider for mail communications und accredited De-Mail
provider, is relocating its company headquarters from Birkenwerder in
Brandenburg to Berlin. In October 2014, more than 200 employees of the
company will move into a prestigious administrative building at Prenzlauer
Promenade 28 in Berlin-Pankow. The corresponding rental agreement was
concluded in late December 2013.

'The relocation to Berlin visibly reflects the FP Group's development.
Originally just a franking machine manufacturer, it has now become a
multi-channel provider for mail communications - with franking machines,
postal services and software solutions,' explains Hans Szymanski, CEO and
CFO of FP. 'Wittenberge stands for production. Berlin stands for
innovation,' he adds.

Berlin has played an important role for Francotyp-Postalia since the
company's foundation in 1923 and was already a company location in the
early days of Francotyp-Postalia's history. The headquarters were
previously located in the city for a time during the 1980s and 1990s. So to
some extent, the current decision means that the company will be returning
to its old home. 'In recent years, Berlin has become a stronghold for
innovation and talent from all around the world,' says Szymanski. 'FP will
now become a part of this and will be able to expand its solutions business
from a base in the capital.'

FP focuses administration, sales and product research and development in
one location

In addition to administration, sales and product research and development
will also be located in Berlin. FP is renting 5,062 m2 of office space for
this purpose. The total space in Birkenwerder was considerably larger, as
production was originally located here, too. Since 2012, all of FP's
manufacturing activities have been performed at a new, flexible production
site in Wittenberge, Brandenburg. 'We are very satisfied with production in
Wittenberge and are planning to expand this as part of the move by locating
production-related research and development there. We will thus maintain
close ties with the state of Brandenburg,' explains Szymanski. The
relocation will also make a major contribution to optimising processes at
the global medium-sized company, which has more than 1,000 employees in
total. Starting from 2015, this will result in annual cost savings that
impact liquidity in the amount of approximately EUR1 million. The company
therefore decided not to extend the rental agreement expiring at the end of
2014. 'We are sending a signal with the move to Berlin. FP is staying true
to its roots and looking to the future. Our relocation demonstrates this
change both internally and externally. We are focussing all our efforts on
implementing our current growth plans and developing the full potential of
our company in all markets.'

Contact

Francotyp-Postalia Holding AG
Corporate Communications
Sabina Prüser
Tel: +49 (0)3303 525 410
Fax: +49 (0)3303 53707 410
E-mail: s.prueser@francotyp.com

About Francotyp-Postalia Holding AG
The FP Group is the first multi-channel provider for mail communication.
The globally active company offers the entire range of products and
solutions for business and private customers.  In addition to standard
machines for franking and inserting mail, its offering includes services
such as the collection of business mail and innovative software solutions
such as the fully electronic letter. The FP Group, based in Birkenwerder
near Berlin, can therefore provide tailored multi-channel solutions. The
Group currently operates its own branches in a number of industrialised
countries and holds a global market share in franking machines of around
10%. With a history dating back 90 years, the FP Group today benefits
across all markets from the increasing liberalisation of postal markets and
the readiness of companies to outsource their business mail to professional
service providers. In the 2012 financial year, the company generated
revenue of EUR 165.6 million. The FP Group employs around 1,100 people
worldwide.



End of Corporate News

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09.01.2014 Dissemination of a Corporate News, transmitted by DGAP - a
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Language:    English                                                
Company:     Francotyp-Postalia Holding AG                          
             Triftweg 21-26                                         
             16547 Birkenwerder                                     
             Germany                                                
Phone:       +49 (0)3303 525 777                                    
Fax:         +49 (0)3303 53 70 77 77                                
E-mail:      ir@francotyp.com                                       
Internet:    www.francotyp.com                                      
ISIN:        DE000FPH9000                                           
WKN:         FPH900                                                 
Listed:      Regulierter Markt in Frankfurt (Prime Standard);       
             Freiverkehr in Berlin, Düsseldorf, München, Stuttgart  
 
 
End of News    DGAP News-Service  
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