GeoPost SA
Case number(s)
Decision date
Decision Consent granted 
Section 13(1)(c) Overseas Investment Act 2005
Decision Maker Overseas Investment Office
Decision Date 6 May 2022
Pathway(s) Significant business assets only
National Interest assessment
Investment The acquisition of additional shares in Aramex PJSC by the Applicant, to increase its existing interest from 24.93% to 28%.
Consideration $85,957,865
Applicant GeoPost SA
France (100%)
Vendor Existing shareholders of Aramex PJSC
France (24.93%)
United Arab Emirates (22.24%)
Canada (5.33%)
United States (4.82%)
Norway (3.42%)
Singapore (1.87%)
Various (38.38%)

Aramex PJSC (Aramex) is an Emirati multinational logistics, courier and package delivery company based in Dubai United Arab Emirates. It is a global provider of comprehensive logistics and transportation solutions and operates a franchisee courier system globally. 

Aramex owns Aramex NZ a courier services provider whose network includes 18 regional franchises and over 280 franchise partners across New Zealand.

In 2021 the Applicant acquired 24.93% of the shares in Aramex. Consent was not required for this transaction as it was below the 25% threshold which requires consent.

The Applicant has satisfied the OIO that the investor test has been met. 

More information Glenn Shewan
Bell Gully (Auckland)
Level 21, Vero Centre
48 Shortland Street
Auckland 1010