OREANDA-NEWS. TNT Express announces the sale by its investment fund Logispring of its 14.3% equity interests in Apriso, a leading provider of manufacturing software solutions based in the United States, to Dassault Systemes in a cash transaction valuing the company at approximately USD 205 million on a cash and debt free basis.

Apriso was part of a portfolio of start-up companies allocated to TNT Express as part of the demerger from TNT N.V. Cash proceeds to TNT Express are USD 32 million.

TNT Express is one of the world's largest express delivery companies. On a daily basis, TNT Express delivers close to one million consignments ranging from documents and parcels to palletised freight. The company operates road and air transportation networks in Europe, the Middle East and Africa, Asia-Pacific and the Americas. TNT Express made €7.3 billion in revenue in 2012.