MBE is a leading third-party provider of shipping, fulfillment, print and marketing solutions to small and medium enterprises (“SME”) and consumers globally mainly via a network of independently owned and operated franchised locations.
Mail Boxes Etc. (“MBE”) was founded in San Diego, California (U.S.A.) in 1980. It has evolved over time into one of the world’s largest international networks of franchised entrepreneurs operating retail-based shipping, logistics, printing, marketing and communications solutions to business and private customers.
In 2001 UPS Inc. bought Mail Boxes Etc., and in 2003 commenced rebranding in both the USA and Canada the MBE network of retail Centers into “The UPS Store”.
In 2009 MBE Worldwide S.p.A., a family-owned Italian holding company based in Milan – Italy, which started business in 1993 as the Mail Boxes Etc. Master Licensee for Italy and then subsequently Spain and Germany, acquired the worldwide network of MBE Service Centers (except Centers in North America).
In 2017 MBE Worldwide acquired two US-based companies, PostNet International Franchise and AlphaGraphics, to expand its network of service Centers in the USA, Canada, South Africa and additional countries.
In 2017 MBE Worldwide also acquired a majority stake of logistics market place Spedingo.
During 2018, MBE Worldwide commenced strategically acquiring majority ownership positions in operating companies of successful, existing MBE network partners. Starting in Italy, Spain and the USA, this strategy has evolved into a growing internal network of Directly Operated Stores ("DOS"). These investments in proven MBE entrepreneurs demonstrate MBE's determination and ability to capitalize on and further develop its know-how, capabilities and presence for the benefit of the entire MBE Network.
In order to drive additional long-term growth, MBE Worldwide recently announced a definitive agreement with funds managed by Oaktree Capital Management, L.P. for them to acquire up to a 40% ownership interest in MBE Worldwide via a phased €120 million ($132 million) reserved capital increase. Current MBE shareholders, the Fiorelli Family, will continue to own the majority of the business.