26. October 2021 | Press release
GeoPost/DPDgroup increases its stake in Aramex to 24.9%
GeoPost/DPDgroup, a subsidiary of the Groupe La Poste, increased its stake in Aramex to 24.9%, following the purchase of shares in the open market.
Aramex is a listed entity on the Dubai Financial Markets. On October 20th, 2021, GeoPost/DPDgroup announced it had acquired 21.6% of the outstanding share capital of Aramex. The investment is subject to notification to the competent regulatory authorities.
About GeoPost / DPDgroup
DPDgroup is the largest parcel delivery network in Europe.
We combine innovative technology and local knowledge to provide a flexible and user-friendly service for both shippers and shoppers. With our industry leading Predict service, we are setting a new standard for convenience by keeping our customers in close contact with their delivery.
With 97,000 delivery experts and a network of more than 58,000 Pickup points, we deliver 7.5 million parcels each day – 1.9 billion parcels per year – through the brands DPD, Chronopost, SEUR and BRT.
At DPDgroup we aim to be a reference in sustainable delivery and become a leading enabler of e-commerce acceleration.
DPDgroup is the parcel delivery network of GeoPost, which posted sales of €11 billion in 2020. GeoPost is a holding company owned by Le Groupe La Poste.