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Aramex buys South Africa’s PostNet
[ December 15, 2014 // Chris ]Middle East-owned logistics and transport firm Aramex has acquired the master franchise for the PostNet brand in South Africa for US$16.5 million from OneLogix Group. PostNet is the country’s largest privately-owned counter network in the document and parcel industry. PostNet services include courier, copy, digital print, stationery, mailboxes and more and, since starting operations in 1994, has grown into a chain of 287 stores and services 55,000 customers daily. While Aramex will own the master franchise for PostNet in South Africa, each PostNet store in the country will continue to be owned and operated by the respective franchisees. With the acquisition, Aramex B2C services, including international and domestic express shipping and its e-commerce Shop and Ship business (called Aramex Global Shopper in South Africa),, will be made available across all PostNet locations in South Africa.