Boris Winkelmann, Chairman and CEO of GeoPost/DPDgroup, said:
“The investment in Aramex is part of GeoPost’s international development. Aramex is already a key partner of GeoPost. Our two companies have been working together for 10 years, leveraging on GeoPost/DPDgroup’s strong presence in the European parcel delivery market and Aramex’s powerful international network in the Middle East, Asia, Africa and Oceania.”
Aramex is a listed entity on the Dubai Financial Markets and the investment was purchased through a combination of direct and open market transactions. This investment is subject to notification to the competent regulatory authorities.
About GeoPost / DPDgroup
DPDgroup is the largest parcel delivery network in Europe.
We combine innovative technology and local knowledge to provide a flexible and user-friendly service for both shippers and shoppers. With our industry leading Predict service, we are setting a new standard for convenience by keeping our customers in close contact with their delivery.
With 97,000 delivery experts and a network of more than 58,000 Pickup points, we deliver 7.5 million parcels each day – 1.9 billion parcels per year – through the brands DPD, Chronopost, SEUR and BRT.
At DPDgroup we aim to be a reference in sustainable delivery and become a leading enabler of e-commerce acceleration.
DPDgroup is the parcel delivery network of GeoPost, which posted sales of €11 billion in 2020. GeoPost is a holding company owned by Le Groupe La Poste.
