GeoPost UK invests in wnDirect for ecommerce offering

© Khunaspix Dreamstime.

GeoPost UK (DPD and Interlink Express) has concluded a deal that strengthens its international ecommerce proposition with a move that sees GeoPost gain a 57% equity holding in wnDirect, who provide international logistics solutions for retailers.
The deal will see GeoPost UK increase its stake by buying part of the founders’ existing shareholding, all of the shareholding previously owned by delivery management technology provider MetaPack and by injecting an additional significant investment to bring some working capital into the business. ...