PACK & SEND Welcomes Aquisition of NZ Master Licencee

5/22/2023

PACK & SEND Welcomes Aquisition of NZ Master Licencee

PACK & SEND Systems Pty Ltd (PACK & SEND) is pleased to announce that PACK & SEND New Zealand Master Licensee has been 100% acquired by parent company MBE Worldwide S.p.A. (MBE).

Founded in Sydney, Australia, PACK & SEND is a leading courier and freight reseller, providing ecommerce, fulfillment, shipping and packing solutions through its network of 160 stores in Australia, New Zealand and the United Kingdom. In 2021, PACK & SEND was acquired by MBE.

MBE is a leading commerce-enablement platform providing e-commerce, fulfillment, shipping, marketing and print solutions to SMBs and consumers. In 2022, Headquartered in Milan, Italy, MBE served over 1 million business customers worldwide generating A$2.0 bln of System-wide Gross Revenue, through its 3,150+ Business Solution Centers in 52 countries.

PACK & SEND NZ has been trading in New Zealand since 2008 as a Master Licensee of PACK & SEND, supporting a network of Franchise Partners currently comprising 20 Service Centres.

With this acquisition, PACK & SEND & MBE reinforce their direct presence in the Oceanian market. PACK & SEND NZ will continue to operate as an independent company within New Zealand. The NZ management team will report directly to the management team of PACK & SEND in Australia, effectively merging staff across ANZ into one trans-Tasman team.

"We are thrilled to welcome PACK & SEND NZ under the umbrella of the PACK & SEND management team in Australia" said Nicholas Woodward, Country Manager of PACK & SEND Systems Pty Ltd. "The renewed direct involvement of PACK & SEND in the operation and development of PACK & SEND New Zealand will ensure ongoing alignment, drive further efficiency and create opportunities to leverage the economies of scale and experience that PACK & SEND enjoys in the larger Australian market. We believe that this will help us improve our offering of value-added shipping and logistics solutions to customers across the Oceanian market."

PACK & SEND closed FY2022 with A$103m of global system wide revenue, up 13% on the previous year. In 2022, PACK & SEND expanded its network territories and opened 11 new stores with no closures. PACK & SEND continues to deliver innovative systems and training that give its Franchise Partners the strategic edge required to grow and succeed organically.

About PACK & SEND

PACK & SEND are the best-rated courier service provider in its primary market, Australia. Recently awarded the ProductReview.com.au award for Courier Service for 2023. This is the 4th win in the past five years, having previously
won in 2019, 2021 & 2022. The company was the winner of the 2007 PricewaterhouseCoopers Australian Franchisor of the Year Award. In 2008 PACK & SEND earned second place in the prestigious International Franchisor of the Year Award. Excellence in Marketing, MYOB FCA Excellence in Franchising Awards 2019 and Franchise Innovation (finalist), MYOB FCA Excellence in Franchising Awards 2019. Independently rated 5 Star Franchise System by FRANData - 2020, 2021, 2022, 2023.

About MBE Worldwide

MBE Worldwide S.p.A., a privately-owned company headquartered in Italy, is a Global Commerce enabler for SMBs
and consumers thanks to its platform providing e-commerce, fulfillment, shipping, marketing and print solutions via
multi-brand operations: PrestaShop, Mail Boxes Etc. (except in the US and Canada), PostNet, PACK & SEND,
Spedingo.com, AlphaGraphics, Multicopy, Print Speak, GEL Proximity and World Options. In 2022, the combination
of its physical platform - that currently counts 3,150+ Business Solution Centers in 52 countries with more than 13,000
associates - with its PrestaShop e-commerce platform served over 1 mln business customers worldwide generating
A$2.1 bln of System-wide Gross Revenue and A$34 bln of Gross Merchandise Value.

MEDIA ENDS

Claudia Bergen | claudia@insideoutpr.com.au | 0477 658 404
Kasey Simpson | kasey@insideoutpr.com.au | 0401 931 577

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