Saturday June 22, 2024
12-05-23

MBE Worldwide subsidiary World Options completes UK acquisition

Mike Gratton
Mike Gratton

World Options Holdings Limited, a subsidiary of MBE Worldwide, has announced its full acquisition of PACK & SEND UK Ltd, a move which confirms the Accrington headquartered company’s position as the largest retail group of franchised shipping services companies in the UK.

Part of Milan-based MBE Worldwide since July 2022, World Options Holdings Ltd now manages three brands in the UK; Mail Boxes Etc., PACK & SEND and World Options, providing ecommerce, fulfilment, shipping, virtual office, marketing and print solutions to SMEs and consumers.

Continuing to deliver under these individual established brands and business concepts, the three companies, operating as part of World Options Holdings Ltd, now together maintain and support over 260 franchisees, generating combined annual revenues of £80m.

World Options Holdings Ltd managing director Mike Gratton said: “As part of MBE Worldwide, we are very proud to welcome PACK & SEND to the family of companies in the UK maintained by World Options Holdings Group, a move that will hugely enhance the strategic strength of all our brands.

“With each brand offering its own unique customer experience, our coming together provides increased scale and scope of services to enhance the offering and service level to customers across the group.

“The joining of these forces will help us sustain the momentum of our growth as a group, and support our ongoing ambitions, with an aim of doubling in size again over the next three years, to further increase our strategic strengths for the benefit of all our customers.”

World Options Holdings is part of MBE Worldwide, which in 2022 served over one million business customers globally, generating €1.3 billion of system-wide gross revenue, through its network of over 3,150 business solution centres in 52 countries, and €22 billion of gross merchandise value traded through its PrestaShop ecommerce solutions.

SourceWorld Options Holdings
Events
FEEDBACK

Please send your feedback to:

info@cep-research.com