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Deutsche Post DHL Group, a global mail and logistics company, has agreed to sell its UK-based marketing and communication supply chain service provider, Williams Lea Tag, to Advent International ("Advent"). Advent will assume all assets of Williams Lea Tag business. The agreement will enable Deutsche Post DHL Group to strengthen its focus on its core logistics service products. Williams Lea Tag will benefit from Advent's knowledge in building an outstanding global business, enabling it to explore further development opportunities. The two companies will maintain close business relations around the world.

Andy Dawson, Managing Director of Advent International, said: "We see the huge future growth potential of Williams Lea Tag in the world. Advent will support the company through targeted investment in personnel, technology and systems, strengthen its customer proposition and help its customers realize the real potential of its brand. The combination of Advent's knowledge in the implementation of complex divestitures and our profound industry experience will ensure the smooth transition of William Lea Tag to an independent company, and will provide Its development and prosperity lay a solid foundation. "

The operations and assets of Williams Lea Tag are expected to be transferred to Advent in the fourth quarter of 2017. The business currently has more than 10000 employees and operates in more than 40 countries around the world.