France based GeoPost has acquired 60% stake in Brazilian logistics company JadLog.
JadLog is one of the largest Logistics company in Brazil with network of 508 franchise. As of 2016 alone JadLog carried out some 7 million orders making revenue of $1280Mn.
About JadLogJadLog is Brazilian logistics company that deals with parcels in domestic and international level.
With network of 508 franchise it is one of the largest logistics company in Brazil. As of 2016 alone JadLog carried out some 7 million orders making revenue of $1280Mn.
GeoPost is subsidiary company of La Poste which includes the express parcel activities of the group in Europe and the world. It was founded in 1999.
GeoPost covers more than 40 European countries and serves over 230 countries throughout the world with to its workforce of 20,000 people.
About La Poste La Poste is a French conglomerate company that operates postal services (mail, parcels and express), bank, insurance, mobile telephone, digital services and business solutions, e-commerce (marketing, logistics).