MAILBOXESETC BUYS PACK & SEND
Logistics and shipping franchise Pack & Send has been sold to MBE Worldwide.
Pack & Send will continue to operate as an independent company under current management and will maintain its name and business concept.
CEO Michael Paul began the business back in 1993 and has overseen national and international growth, adding master licensees for both the UK and New Zealand.
Michael said “This is an exciting development for the Pack & Send franchise system. Combining forces with MBE Worldwide creates unique opportunities to synergise with colleagues similarly steeped in managing a franchise‐based network of entrepreneurs.”
MBE is a third-party provider of shipping, fulfilment, print and marketing solutions to businesses and consumers across the globe.
Paolo Fiorelli, chairman and CEO at MBE, said the two businesses are well-aligned.
“Pack & Send is an excellent strategic fit for MBE because of its entrepreneur‐ driven, people‐centric, customer‐first business model, which complements our MBE business and culture,” he said.
The MBE group includes complementary brands Mail Boxes Etc., AlphaGraphics and PostNet.
In the first half of the financial year 2021, Pack & Send network sales rocketed to $42.09m.