MBE Worldwide buys PostNet
MBE Worldwide has bought PostNet International Franchise Corp. – the printing and shipping franchise with 660 locations in 9 countries. According to PostNet, the tie-up will give Mail Boxes Etc. (MBE) “a strong presence in the U.S., South Africa and several other countries where the PostNet brand is well established and will continue to grow”. Taken together, the two companies will have a reach of nearly 2,300 locations in 33 countries.
Brian Spindel will continue to serve as President and COO of PostNet, reporting to Paolo Fiorelli, Chairman and CEO of MBE Worldwide. Steve Greenbaum, Founder and former Chairman and CEO of PostNet, will serve as a consultant to MBE Worldwide on strategic matters. PostNet’s Headquarters and the existing team will remain in Lakewood, Colorado. The two companies will continue to use their individual names.
