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| On Track & On Target | GeoPost invests in WnDirect expansion
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17 July 2014

GeoPost invests in WnDirect expansion


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GeoPost (the parent company of carriers DPD and Interlink Express) has increased an existing shareholding in international delivery specialist WnDirect to 57 per cent. It is also injecting new funding to support expansion.

WnDirect has grown rapidly in the last three years, specialising in home shopping deliveries to more distant and sometimes "difficult" destinations such as Russia, China, Brazil and India. It now claims to be handling 8 million packages a year.

The company was already working with DPD to provide an international delivery service for the company under DPD Direct branding.

The additional shareholding was sold by founders and delivery management specialist MetaPack, which has now relinquished its stake. However, WnDirect chief executive Stuart Hill points out that the founders retain a holding of over 40 per cent, and remain committed to growth.

wnDirect says it plans to open a series of processing centres throughout the world in order to reach an increased number of retailers and markets. It recently launched fully-tracked services to Bahrain, Egypt, Kuwait, Lebanon, Libya, Oman, Qatar, Saudi Arabia and the UAE, offering a delivery time of just four days.

 

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