The Belgian postal operator bpost is in talks to acquire a majority share of Ontario, Calif.-based Landmark Distribution, a cross-border parcel logistics specialist, and sister company Landmark Trade Services, based in Ontario, Canada.
“Due diligence and negotiation of the terms of a possible acquisition are ongoing,” Landmark said in a statement Tuesday. “ A binding contract for such acquisition is still to be signed and is subject to approval by the respective boards of Landmark Distribution, LLC and bpost.”
Landmark Global specializes in U.S. multi-channel business-to-consumer organizations that use e-commerce, direct response, direct marketing or other direct-to-consumer strategies. - Eric Johnson