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Aus Post enters international joint venture
Australia Post has entered a strategic e-commerce joint venture with Dubai-listed logistics and transportation leader Aramex, with assistance from two firms.
Lara Bullock
Firms: Gilbert + Tobin (Aramex); Allens (Australia Post)
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Deal: Aramex and Australia Post have made a strategic e-commerce joint venture.
Value: Undisclosed
Area: Joint ventures
Key players: The Gilbert + Tobin team was led by corporate partners David Josselsohn (pictured) and Hiroshi Narushima, with assistance from lawyers Catrina Yu, Ilona Hunnisett, Kaushik Murali, Samuel Kang, Andrew Hii and Althea Carbon.
Deal significance: Dubai-listed logistics and transportation leader Aramex has made a strategic e-commerce joint venture with Australia Post.
As previously announced, Aramex and Australia Post have formed an Asian-based joint venture, targeting the global e-commerce market with a particular focus on Asia.
The joint venture has acquired Australia Post’s StarTrack International global e-commerce postal solutions business and will build on the service capability of that business and Aramex's global express delivery network.
As part of the wider transaction, Aramex has sold Mail Call Couriers to Australia Post’s StarTrack Courier business.
