Freightways buys Dataprint for up to $6.5 million

Sun, 01 Jul 2012

By Hannah Lynch July 2 (BusinessDesk) - Freightways, the NZX listed courier and data management company, has purchased printing and data management firm Dataprint NZ Limited for up to $6.5 million. Dataprint will operate as a stand-alone business alongside Freightways DX Mail business. The initial purchase price was $3 million, with a further $3.5 million paid over the next three years, subject to performance targets. "The acquisition of Dataprint is consistent with Freightways’ strategy to develop growth opportunities that complement its...

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