Omega United Acquires SkyPostal, Inc.
Omega United, Inc. has acquired SkyPostal, Inc., in a move to change its corporate strategy and direction. Omega will cease its previous business activities and file to change its name to SkyPostal Networks, Inc.
“Going public through this merger is the next step in our evolution, as SkyPostal strives to become the dominant mail distribution company in Latin America, the Caribbean and Mexico (‘LAC’),” stated Albert P. Hernandez, SkyPostal’s President and CEO. Mr. Hernandez went on to say, “We are now in a position to implement an aggressive growth strategy that features internal growth as well as growth through the acquisition of key postal delivery companies within the region. The highly fragmented postal delivery industry in the LAC region is ripe for consolidation and offers economies of scale related to cost reduction and the elimination of redundant services. The market is ideal for the application of current technologies, standardization of operating systems and the region-wide development of the SkyPostal brand.”
SkyPostal is one of the largest facilitators of mail delivery from Europe and the US into LAC, for major European postal administrations and the leading mail consolidators, delivering more than 150 tons of mail per month into the region. The Company has exclusive agreements in place with over 20 major private postal services in 20 different countries throughout the LAC region for the delivery of commercial mail, periodicals and parcel post.
Omega United, Inc. has acquired SkyPostal, Inc., in a move to change its corporate strategy and direction. Omega will cease its previous business activities and file to change its name to SkyPostal Networks, Inc.
“Going public through this merger is the next step in our evolution, as SkyPostal strives to become the dominant mail distribution company in Latin America, the Caribbean and Mexico (‘LAC’),” stated Albert P. Hernandez, SkyPostal’s President and CEO. Mr. Hernandez went on to say, “We are now in a position to implement an aggressive growth strategy that features internal growth as well as growth through the acquisition of key postal delivery companies within the region. The highly fragmented postal delivery industry in the LAC region is ripe for consolidation and offers economies of scale related to cost reduction and the elimination of redundant services. The market is ideal for the application of current technologies, standardization of operating systems and the region-wide development of the SkyPostal brand.”
SkyPostal is one of the largest facilitators of mail delivery from Europe and the US into LAC, for major European postal administrations and the leading mail consolidators, delivering more than 150 tons of mail per month into the region. The Company has exclusive agreements in place with over 20 major private postal services in 20 different countries throughout the LAC region for the delivery of commercial mail, periodicals and parcel post.
Mr. Hernandez states, “SkyPostal is in a unique position through our existing relationships to acquire and roll up the quality private postal carriers in the region and apply our proprietary GPS-based delivery technology, PosTrac™ under development, which will provide auto proof of delivery for regular post to a region where it is estimated that up to 30 pct of all mail never gets delivered.”