DPD Group has taken full control of ecommerce delivery specialist wnDirect after being a shareholder for several years and working in partnership with the company’s owner and founder Stuart Hill.
wnDirect already works with DPD Group businesses in Europe and also provides the network solution for the DPD Direct export product. The company has seen revenues increase fivefold in the last five years and 2016 saw a 60% increase in year on year volumes.
DPD Group said that the company had seen a dramatic increase in B2C volumes coming in to Europe, especially from USA and China and that taking full control of wnDirect was part of a strategy to bring activities closer together.
The deal, which came into effect on 30 December, means that the wnDirect and DPD Group Global Solutions in Paris businesses are now led by Simon Batt, CEO of wnDirect.
“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,” said Batt. “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,” he said.
Meanwhile founder Hill will lead the focus on strategy, innovation and key account partnerships.