Yource is acquiring Cendris from PostNL

Yource is acquiring Cendris from PostNL

201216 Yource & Cendris - Cendris logo V2
201216 Yource & Cendris - Cendris logo V2

Thursday 17 december 2020

Yource and PostNL announce today that a purchase agreement has been signed for the acquisition of Cendris by Yource. The transaction, no financial details of which have been disclosed, is expected to be completed in early 2021.

With 3.000 employees at more than 10 locations, Cendris is a specialist in the field of customer contact. Cendris works for a wide variety of clients and leading brands, including PostNL.

Added value
Robin Jansen, CEO Yource: "The acquisition of Cendris is the next step in realising scale, strengthening our possibilities for further growth and technological development. We welcome the employees of Cendris to Yource, and are pleased with the extra added value and expertise they contribute for our customers."

Initially, Cendris will continue to operate in the market under its own name. Only in the course of 2021 will it continue as a single brand under the name Yource. "For us, this is a great opportunity to bring so many talents and knowledge together in one organisation. The further development of our employees will remain one of the most important spearheads," according to Robin Jansen.

201216 Yource & Cendris - Robin Jansen V2

Robin Jansen - CEO Yource

Investment Parcom
The Dutch investment company Parcom is also joining Yource as major shareholder. The Belgian investment fund KeBeK will stay on as shareholder in the new combination, alongside the Management Team.

With this strengthening of its position in the customer contact sector, Yource is not only improving its position as market leader in the Benelux, but has also created more room for broad investments to improve its general services and increase innovation in technology.

Yource has been advised by Nielen Schuman throughout the entire process leading up to the acquisition of Cendris, the investment by Parcom and attracting a future-proof financing package.

About Yource
Yource is market leader in customer contact within the Benelux. Through its unique combination of services, including recruitment, insourcing, outsourcing, nearshoring and offshoring, Yource can meet organisations' needs throughout their customer contact value chain. Yource is active in 5 countries, with more than 9,000 employees and a turnover of 170 million euros this year.

About Parcom
Parcom is a Dutch investment company founded in 1982 that helps entrepreneurs and management teams realise their ambitions, and assists in phases of sustainable growth and transformation. The Parcom team is currently investing from the sixth fund (Parcom Fund VI) with a total committed amount of €775 million.

About KeBeK
KeBeK is an independent Belgian investment fund that participates in solid, medium-sized companies with an identifiable potential for further value creation. KeBeK actively supports the management team of its participating interests in the implementation of the jointly determined corporate strategy. KeBeK's financial resources are provided by leading institutional investors, family offices, and successful entrepreneurs.

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