Industry News

Stamps.com Announces Definitive Agreement to Acquire MetaPack

BusinessWire reports on Nasdaq-quoted Stamps.com’s announcement of an agreement to buy UK-based Metapack for around $230M. E-commerce is a path well travelled, and marketing to consumers on both sides of the Atlantic is a scientific discipline. But fulfilment of products once a sale has been made is all too often a challenge and a drain on resources.

Renovata client Metapack offers e-tailers the world’s largest carrier library (over 450 carriers in 200+ countries) and tools to manage and optimise all aspects of fulfilment – including increasing sales conversion/completion rates thanks to the ability to put clear costs against shipping into shopping carts.

“This is a hugely exciting development for MetaPack,” says Steve Rowley, Executive Chairman. “As well as enabling us to broaden our proposition and enhance our global label library, it also gives us the degree of scale and support that we need to service global e-commerce customers.”

Read the full article here:

https://www.businesswire.com/news/home/20180725005144/en/Stamps.com-Announces-Definitive-Agreement-Acquire-Leading-UK-Based