MBE Worldwide Acquires PostNet International Franchise Corporation
Mail Boxes Etc. Worldwide is delighted to announce that the company has completed the acquisition of PostNet International Franchise Corporation (“PostNet”), a leading design, printing and shipping franchise with 660 locations in 9 countries.
Both franchise companies currently operate in the business services industry, offering premium shipping, logistics, printing, graphic design and postal services. The acquisition of PostNet gives Mail Boxes Etc. a strong presence in the US, South Africa and several other countries where the PostNet brand is well established, and will continue to grow. Combined, the two companies will have an extensive reach of nearly 2,300 locations in 33 countries.
“The MBE Worldwide team was attracted to PostNet because of its entrepreneur-driven, franchisee-focused and people-centric business model, which mirrors our business and culture. PostNet is a respected brand in the industry with a strong US and international presence,” said Paolo Fiorelli (chairman and CEO of MBE Worldwide). “We are excited to welcome PostNet to the MBE Worldwide family and to work together to provide real-value solutions to businesses and consumers across the globe.”