Industry News

European DPD Group acquires UK express company WnDirect

Source:The SiteAuthor:admin Addtime:2017/1/12 Click:0
Europe's second-largest express parcel operator Depta Express (DPD) Group, announced the acquisition of British Wndirect Express. A few years ago, DPD Group has become one of the shareholders of WnDirect, is now completely acquired the company.

Hugo network was informed that the acquisition occurred in the end of 2016, DPD Group, the scale and infrastructure will be further expanded to improve and help to further achieve its development goals. DPD Group is looking for new partners around the world, and as a result of its new e-business services initiatives, the logistics company has gained more B2C business into Europe, especially from the US and China.

On the other hand, WnDirect revenues have almost quadrupled in the past five years, with volume up 60% year over year. WnDirect worked with DPD Group to help DPD deliver cross-border products using its own European logistics network.

Since January 1, 2017, the merger of the two companies in Paris will be led by Simon Batt, he said, "I am very pleased to have this opportunity to two great team together to continue to develop market-leading solution Program, to help our international customers to provide cross-border distribution services. "(Compiled / Hugo network Yang Xueping)