Belgian post operator, bpost, announced today a majority share purchase
of Landmark Global, a U.S. based cross border parcel logistics provider
SANTA BARBARA, CA, Jan. 7, 2013 /PRNewswire/ - bpost will, through its business unit bpost international, partner with
Landmark Global to further expand its international retail operations
in the U.S. and worldwide. The new relationship comes after a
record-breaking sales and profit year for Landmark Global and will
allow Landmark to further invest in additional operations and strategic
acquisition opportunities. California-based Landmark Global was founded
in 2005 and operates on a carrier-neutral, cross-border parcel
logistics and fulfillment business model. In seven years the company
has grown to a workforce of over 75 and last year handled over 3
million parcels to Canada and international destinations.
Landmark will continue to operate as Landmark Global and be managed by
its founding partner Dave Mays. All current senior management positions
will remain unchanged. "The strength of this acquisition does not come solely in bpost's
acquisition of Landmark, but by the fact that Landmark Global's
business spirit, motivation, ingenuity, creativity, service, and
responsiveness will remain intact," says Dave Mays. "The same Landmark
Global team that has driven customer satisfaction and performance will
remain in place with the latitude to meet the needs of our customers
and create new opportunities. The international growth and expansion
that we've been seeking will be accelerated through this partnership."
bpost international (BPI) is a business unit of the Belgian leading post
operator bpost and manages international mail and parcel distribution,
providing superior service offerings to customers in Europe, North
America and Asia. In 2009, bpost acquired a majority interest in MSI
Worldwide Mail in the U.S., with activities in Washington, Chicago and
Toronto. In 2011, bpost acquired Citipost based in Hong Kong and
Singapore. In 2012, bpost opened its first Chinese office in Beijing.
Peter Somers, member of the Executive Committee of bpost and CEO of
bpost parcels & international, said: "This acquisition provides us with the opportunity to reinforce our
future growth in foreign markets. bpost international has acquired a
great deal of experience and know-how in recent years and through this
deal we complete our international footprint and will further expand
our business on the global e-commerce market to deliver the best,
integrated suite of fulfilment and distribution services available in
the market."
About bpost:
bpost is the leading postal operator in Belgium marketing a wide range
of products and services on mail, parcels and related markets. bpost's
core business is collecting, sorting, transporting and delivering
letters and parcels. Every day bpost staff handles twelve million items
and drop by every single letterbox in Belgium. bpost and its
subsidiaries provide solutions in document management, international
mail, parcels and added value services. International activities are
operated under the brand bpost international. bpost bank, a joint
venture of bpost and BNP Paribas Fortis, markets a range of banking and
insurance products. The Belgian State holds 50% + 1 share of bpost. The
remaining shares are held by CVC Capital Partners.
About Landmark Global
Landmark Global is the cross-border parcel logistics leader for
multi-channel "business to consumer" organizations who utilize an
e-commerce, direct response, direct marketing or other direct to
consumer strategies. Landmark Global's locations include: Mira Loma,
California; Carson, California; Seattle, Washington; Salt Lake City,
Utah; Taylor, Michigan; Romulus, Michigan; Buffalo, New York; Toronto,
Ontario (Canada); Windsor, Ontario (Canada) and two returns facilities
in Vancouver, British Columbia (Canada) and Calgary, Alberta (Canada).
SOURCE Landmark Global
