Following the acquisition, Aramex B2C services, including international and domestic express shipping and its unique e-commerce business Shop and Ship (called Aramex Global Shopper in South Africa),, will be made available across all PostNet locations in South Africa. This will further extend Aramex’s reach in Africa by giving PostNet customers full access to its client – focused, technology-driven solutions.
Hussein Hachem, Chief Executive Officer of Aramex, said: “We are excited to further expand our global network through the acquisition of PostNet’s master franchise. As we continue to scale Aramex into new growth markets and bridge trade corridors, this acquisition will expand Aramex’s volume of business in Africa considerably.
Investing in growth markets’ e-commerce sectors is also part of our wider strategy to maintain Aramex’s position as an e-commerce market leader, which is why we are disciplined in our approach to potential acquisition targets. Aramex only targets companies such as PostNet who are a perfect strategic fit in order to leverage their suitable, scalable synergies with our existing infrastructure. We will remain bullish on our outlook for future acquisitions in markets across Asia, the Middle East and Africa in particular, both to build our operations and strengthen our global footprint.”
Read more: aramex.com