On 17 December 2020, PostNL announced that Yource will acquire Post NL’s subsidiary Cendris, a specialist in customer contact for various leading brands employing over 3,000 people in more than 10 locations. At the same time, Parcom announced that it will acquire the majority of the shares in Yource from its current shareholders. Baker McKenzie acted for Yource and its shareholders in these transactions. Read the Parcom press release (in Dutch) and the PostNL press release.

The core Baker McKenzie Amsterdam M&A-team that advised Yource consisted of Mo Almarini, Jordi Wals, Joost Polman, and Casper Henschen. The transaction was handled in close collaboration with a team headed by Brussels-based partner Koen Vanhaerents. Furthermore, many other colleagues from the Amsterdam, Brussels, and Madrid offices assisted Yource and its shareholders throughout this transaction.
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