Topic summary
Post Danmark A/S
Extracted from the Wikipedia article Post Danmark.
Post Danmark A/S, trading asPostNord Denmark (Danish: PostNord Danmark), was the national provider of postal services in Denmark. It was established as a fully state-owned stock holder's company in 1995 following political liberalization efforts. Post Danmark had taken over the mail delivery concession (Danish: befordringspligt) of its predecessor, the governmental department Postvæsenet, which was established in 1624. Post Danmark A/S was turned into a public limited company in 2002. In 2005, 22% of the company shares were sold to CVC Capital Partners, 3.5% of the company shares were partly sold to employees at a discount, partly kept in reserve for a management incentives program. In 2009, it was merged with the Swedish Posten AB to form PostNord, a joint postal service company between Denmark and Sweden.