News on 22 January 2001

Romec will be part of Consignia

Romec is to become part of Consignia plc, the new name for The Post Office Group from 26 March this year.

The Post Office's FM operation, which is seeking a joint venture partner to expand its commercial activities, says the change to a plc has many positive benefits including the ability of the Group to fund major initiatives and acquisitions.

The familiar Romec brand will remain unaffected by the change of the corporate name. Commenting on the move, marketing communications manager, James Eyre said: "The change of name to Consignia is a positive move by The Post Office, aimed at differentiating the business in the face of increasing competition from overseas, as well as reflecting the widening scope of its services."

"Romec customers will see no changes in our level of service, and the move will not affect our existing contracts in any way. We will be able to maximize our full commercial potential by being associated with Consignia."

Richard Byatt

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