bpost purchases majority interest in US logistics company

Belgian post operator bpost has announced a majority share purchase of Landmark Global, a US-based cross-border parcel logistics provider, the latter has confirmed. bpost will, through its business unit bpost international, work with Landmark Global to expand its international retail operations in the US and worldwide. California-based Landmark Global was founded in 2005. Since then, it has grown to a workforce of more than 75 and last year handled more than 3 million parcels to Canada and other international destinations. bpost international is a business unit of bpost and manages international mail and parcel distribution in Europe, North America and Asia. Peter Somers, member of the executive committee of bpost and CEO of bpost parcels and international, said: “This acquisition provides us with the opportunity to reinforce our future growth in foreign markets. bpost international has acquired a great deal of experience and know-how in recent years and through this deal we complete our international footprint and will further expand our business on the global e-commerce market.”