Sandd

Key Facts

Sales at entry: ~€32.0m
Sector: Business Services
HQ: The Netherlands
Homepage: http://www.sandd.com/

Deal Facts

Year of investment: 2005
Seller: Not disclosed
Exit year: 2014
Buyer: Group of informal investors

Company description

Sandd is a mail sorting, transporting and delivery company, established in 2000 as a result of the partial liberalization of the Dutch mail market.

Growth case

Taking the opportunity to benefit from the liberalisation of the Dutch postal market. Sandd is now the number 2 in the Dutch market, competing with the incumbent PostNL, after it has merged with Selektmail in 2011.