GeoPost Invests in International Logistics Provider

GeoPost Invests in International Logistics Provider

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GeoPost Invests in International Logistics Provider PR Newswire LONDON, August 28, 2012 LONDON, August 28, 2012 /PRNewswire/ -- GeoPost, a leading express parcel provider in Europe, has taken a stake in international logistics provider, Worldnet Direct,

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GeoPost Invests in International Logistics Provider
PR Newswire LONDON, August 28, 2012
LONDON,August 28, 2012/PRNewswire/ --GeoPost, a leading express parcel provider inEurope, has taken a stake in international logistics provider, Worldnet Direct, which is bringing to market an innovative international delivery solution that has been developed specifically for online retail.Worldnet, an owner operated business, will continue to operate as a standalone business but will benefit from access to the resources and support of its global partner.The Worldnet service will initially operate from the UK, available directly from Worldnet and also through the two UK GeoPost brands, DPD UK and Interlink Express.Over time the model will be rolled out acrossEurope. Iain Johnson, COO, GeoPost International said:"GeoPost is excited to be able to support Worldnet and their approach fits very well with what we are already doing in both our domestic and international markets.There is no question that e-commerce will continue to be of increasing importance as a driver of international parcel volumes and staying innovative in the retail space is key. The strong management team and business model that Worldnet has provides a great platform from which to shape the future of international ecommerce fulfilment." Stuart Hill, MD of Worldnet said: "Worldnet Direct was brought to market in 2012 to fill a gap in the international delivery market. Whilst we have now completed over 3 million deliveries with major online retailers such as ASOS we are still a very young company.Having GeoPost as an investor and benefiting from the DPD brand reputation is a significant step for us." Despite the full launch not being scheduled until 2013 a number of retailers are already using the service, keen to take advantage of the unique service attributes such as the cost-effective return solutions and the paperless customs service. The first retailer to realise the opportunities found when working with Worldnet is ASOS. Having worked in partnership since 2011 Worldnet has played a key role in the company's well documented global success. Hilton Eachus, Head of Delivery Solutions at ASOS said: "The difference with Worldnet is that they have developed a service which fits the needs of retailers considering international expansion...the service fits the retailer rather than the other way around. Basically the service has been developed specifically for ecommerce which is key." MEDIA INFORMATION: Sarah Roberts Vane Percy & Roberts (T) +44(0)1737-821890 (e) sarah@vanepercy.com