MBE Worldwide Group 2021 results
MBE Worldwide (“MBE”) is a leading commerce enablement platform providing e-commerce, fulfilment, shipping, marketing and print solutions to SMBs and consumers.
MBE closed FY2021 with €1.01 bln (US$1.2 bln) of System Wide Sales - generated through its platform of 2,900+ Service Centers in 53 Countries, operating under different brands: Mail Boxes Etc., PostNet, PACK & SEND, AlphaGraphics and Multicopy - and €24 bln (US$28.5 bln) of Gross Merchandise Value traded through its PrestaShop platform.
In 2021 MBE successfully concluded several strategic acquisitions including PrestaShop, PACK & SEND, Multicopy and the purchase of the MBE UK & Ireland licensee business. Furthermore, the group opened 208 New Service Centres globally and signed two new Master License (ML) Agreements - Bulgaria and Jordan - and a Trademark License Agreement in Timor-Leste, thus expanding its global platform into new territories.
“Despite the impact of the pandemic was still there, 2021 has been a remarkable year for us.” says Paolo Fiorelli, MBE Chairman & CEO. “Both our local entrepreneurs and our corporate teams demonstrated incredible levels of passion and commitment. We were able to close strategic acquisitions that will help us grow our competitive position and ability to serve customers globally, while maintaining strong organic growth. Furthermore, through the PrestaShop acquisition, we now aim at maximizing the opportunities coming from e-commerce thus supporting our long-term goal of becoming a leading platform for global commerce. Finally we kept investing in our technology to ensure best-in-class customer journeys and smooth operations across all our countries.” adds Fiorelli.
Additionally, first months of 2022 are confirming the growth trends we experienced in 2021. This performance speaks to the value of the high-quality solutions that the MBE platform offers, both in the e-commerce and B2B market.
The Group’s digital and retail presence uniquely positions MBE to function as a service provider to companies - mainly SMBs, but larger organizations as well - to support their commercial activities especially when high quality and bespoke, reliable service levels are most valued. MBE delivers on its services with the same diligence and pride that customers provide to their own clients. Through the #PeoplePossible attitude, MBE professionals continuously work to find new tech-enabled and people-driven solutions to customers’ daily challenges.