This website uses cookies. Continued browsing of this site implies consent for the use of these cookies. Find out more here >>

P&P News Sign-up (Help)

  •  Daily newsletter
  •  Weekly newsletter

News

SingPost acquires stake in G3 Worldwide Aspac

Monday, April 27th, 2009

SingPost has announced that it has acquired the remaining 50% stake in G3 Worldwide Aspac (G3AP).

SingPost has announced that it has acquired the remaining 50% stake in G3 Worldwide Aspac (G3AP).

The move will give SingPost a platform to strengthen its position, while TNT and Royal Mail will fully own the joint venture G3 WorldWide Mail.

G3AP has an established network with presence in 10 countries/territories. It provides cross-border mail services as well as other value-added services including letter shopping, data management and printing, mailroom management, freight logistics, warehousing, fulfillment and international distribution and hand delivery.

Wilson Tan, CEO of SingPost, said: “This move is in line with SingPost’s growth strategy of regional expansion. Acquiring full control of G3AP gives us a ready vehicle to expand into the region. It enables us to strengthen and extend our core competency in mail and logistics. We will be able to leverage on synergies within the SingPost group and enhance our value chain to benefit our customers in the region.”

Source: SingPost

Tags: , , , , , , , , , ,

Leave a Comment

You must be logged in to post a comment.

Jobs RSS Job of the week

Partnership Director

London, United-Kingdom
Salary: 70,000 - 85,000 GBP per annum

Advertise with us

Advertise with us
We provide brands with an exciting range of advertising opportunities to reach the influential Post & Parcel audience. With campaigns suitable for every budget you can achieve your marketing objectives with Post & Parcel.

Find out more

New Directory Members

Pitney Bowes

Pitney Bowes provides technology solutions for small, mid-size and large firms that help them connect with customers to build loyalty and grow revenue. Although traditionally known for providing quality business communications products, particularly franking machines, these products only represent a small proportion of the products and services Pitney Bowes offers to its customers.

About Post & Parcel

Post & Parcel is your key to the global mail and express industry. Every week Post & Parcel features the latest news, analysis of trends, insightful viewpoints, top jobs and exclusive interviews with leading industry experts.

Find out more