GeoPost takes majority stake in wnDirect

GeoPost, parent company of DPD and Interlink, has expanded its stake in wnDirect to 57 per cent.

wnDirect has worked with DPD to provide DPD Direct, a dedicated international B2C home delivery service for UK retailers aimed at reducing the cost and complexity of international home deliveries.

wnDirect also works for some major online retailers, such as asos, and has delivered more than eight million packages. It has outbound operations in the UK and US and is launching delivery solutions to Russia, China, Brazil and a number of Middle East lanes.

GeoPost first took a stake in wnDirect in 2012. The new investment will enable wnDirect to expand the scale of its ecommerce offering. It is planning to open a series of processing centres throughout the world.

„We’ve chosen to strengthen our relationship with a significant investment because we fully believe in the company, the people and their solution. They have products that UK retailers really want – ecommerce solutions that tap into local country networks, with tracking and smart customs clearance – in markets that UK retailers are looking to expand into such as Australia, USA and Russia,“ said Dwain McDonald, CEO of GeoPost UK.

Source: logisticsmanager.com
Portal: logistik-express.com