
Fortidia acquires majority stake in Kwik Kopy Australia
Fortidia is pleased to announce the acquisition of a majority stake in Kwik Kopy Australia (KKA), further strengthening its presence in the APAC market.
This strategic investment expands Fortidia’s footprint in the Australian business solutions sector, complementing its existing operations through PACK & SEND (directly operated) and the Mail Boxes Etc. and World Options brands (operated via Master Licensees).
Fortidia is a global commerce enabler for MSMEs and consumers thanks to its platform including brands providing ecommerce, fulfillment, shipping, marketing and print solutions. The Fortidia Group closed FY2024 with €1.4 bln (US$1.5 bln) of System-wide Gross Revenue – generated through its location-based platform made of 3,130+ Business Solutions Centers in 57 Countries – and €22 bln (US $23 bln) of Gross Merchandise Value traded through its digital ecommerce platform[1].
Founded in 1982 by the Penfold family, Kwik Kopy Australia is a recognized leader in design, print, and marketing services with a network of over 85 Centers nationwide. The Penfold family will retain a minority stake in KKA and remain actively involved in contributing to the brand’s next phase of growth alongside Fortidia.
“We are proud of the legacy we have built with Kwik Kopy Australia and excited about the opportunities this new partnership will bring,” said Annalise Penfold, representing the Penfold family. “Fortidia’s global reach, expertise, and resources will accelerate growth, enhance our customer offering, and ensure a vibrant future for the KKA Network”.
“We are delighted to welcome Kwik Kopy Australia to the Fortidia Group,” added Paolo Fiorelli, Chairman and CEO of Fortidia. “Together, we will strengthen KKA’s market position, deliver innovative solutions, and create greater value for our customers”.
This acquisition marks a significant milestone for both Fortidia and KKA, reinforcing the Group’s long-term commitment to innovation, sustainable growth, and service excellence worldwide.
[1] Not including Kwik Kopy Australia figures