World Options, the Accrington-based global online shipping company, has been acquired by Italian suitor MBE Worldwide for an undisclosed sum.
MBE provides e-commerce, fulfillment, shipping, marketing and print solutions to SMBs (small and medium enterprises) and consumers.
In 2021, it served more than one million business customers, generating 1.01 billion euros in system-wide sales, through its more than 2,900 service centers in 53 countries, and 24 billion euros of gross value of goods exchanged via its PrestaShop e-commerce solutions.
World Options is a technology-driven shipping service provider, serving over 10,000 SMBs with all their shipping needs, from small parcels to large freight, both domestically and internationally.
The company operates through a network of over 120 franchisees and agents across the UK, US, Australia, the Netherlands and Belgium.
MBE said the acquisition represents another relevant step in its growth, adding a committed network of sales-focused entrepreneurs and strengthening the company’s position as a global commerce platform for businesses.
Paolo Fiorelli, Chairman and CEO of MBE, said: “World Options is a great strategic addition for MBE due to its entrepreneur-driven, people-centric and customer-focused business model, which is a perfect fit for the business and culture of MBE.
“We welcome World Options to the MBE family and look forward to working together to continue to strengthen our integrated platform – both physical and digital – to support our clients’ growth.”
Stewart Butler, CEO and Founder of World Options, said, “This is an exciting development for World Options.
“Combining our strengths with MBE creates unique opportunities to grow our business in new ways to benefit our franchisees and loyal customers with colleagues equally steeped in running a network of franchise entrepreneurs.”
World Options’ online system offers customers the ability to send their parcels, parcels and documents with the world’s largest carriers and access the lowest courier rates at the same time, as well as a range of other unique features that save businesses time and money.
In 2016, the company opened offices in Australia, Belgium, the Netherlands and Singapore, before launching its offices in the United States in 2018.
Browne Jacobson provided legal advice to World Options.