10 Aug 2012

Subsidiary sold by NZ Post

7:21 am on 10 August 2012

New Zealand Post Group has sold the ECN Group to B2BE in Australia, saying it's no longer an essential part of its postal operations.

ECN, a subsidiary company, develops and supplies software that allows firms to message each other and manage supply chain systems and integration and supports collaboration between supply chain partners.

B2BE purchased The ECN Group as a going concern and officially assumed its new role as owner earlier this month.