- 4 January 2017
- Transport / Logistics Services
DPD Group has announced that it has taken full control of the e-commerce parcels company wnDirect. DPD Group is the parcel delivery network of GeoPost.
DPD Group has been a shareholder in wnDirect for several years. It has worked in partnership with wnDirect’s owner and founder Stuart Hill. The new arrangements with wnDirect completely under DPD’s win came into effect on the 30th December.
As things stand, wnDirect works with DPD Group businesses in Europe, and provides the network solution for powering the export product DPD Direct.
Over the last five years, wnDirect has increased its revenues by almost 500% and saw a 60% increase in parcel volumes in 2016.
In a statement DPD Group said that in the past few years it has added new e-commerce services which have led to a “dramatic increase in B2C volumes coming in to Europe, especially from the USA and from China” – and it is “against this backdrop of international growth that the Group has decided to bring these activities closer together”. Taking full control of wnDirect is part of this strategy.
“The consolidated group will have the scale and infrastructure to be able to expedite their development plans focusing on areas which have been highlighted as important by their customers,” said DPDgroup.
The two teams of wnDirect and DPDgroup Global Solutions in Paris are now led by Simon Batt, who is CEO of wnDirect in addition to continuing to lead the Global Solutions team of DPDgroup in Paris.
Batt commented: “I’m very excited to have this opportunity to pull together two great teams and to continue to develop market leading solutions to enable our customers’ international cross border strategies. To be able to harness the innovation, technology and spirit of wnDirect at the same time as leveraging the DPD Group networks, partnerships and infrastructures will enable us to provide unrivalled solutions to our customers and partners. It’s a privilege to have the chance to lead this venture.”
wnDirect founder Stuart Hill will continue to play a significant role in the business, leading the focus on strategy, innovation and key account partnerships. Hill said: “What has been achieved by the team so far is quite astounding when you consider wnDirect is still a relatively young business. It is testament to everyone that we have grown so significantly whilst retaining the DNA and ethos which made it exciting in the first place. I am thrilled to be part of the team for the future”.
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