Leading global commerce enabler Fortidia - a privately-owned company headquartered in Italy - has announced the acquisition of a majority stake in Kwik Kopy Australia (KKA), to further strengthen its presence in the APAC market. 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.
Kwik Kopy Australia's CEO, Sonia Shwabsky, who will also now head PACK & SEND ANZ under the new structure, says: “With Fortidia as the global enabler of our franchise system, entrepreneurs can now tap into globally leading expertise, while at the same time, every Kwik Kopy Australia and PACK & SEND business remains proudly Australian and locally owned. This combination gives us the best of both worlds - global strength and local ownership."
Sonia Shwabsky CEO of Kwik Kopy AustraliaThis strategic investment expands Fortidia’s footprint in the Australian business solutions sector, complementing its existing operations and adding to a global ecommerce, fulfillment, shipping, marketing and print solutions portfolio that also includes: PrestaShop, Mail Boxes Etc. (outside the U.S. and Canada), World Options, PostNet, PACK&SEND, AlphaGraphics, Multicopy, Print Speak, GEL Proximity, and Spedingo.
The Fortidia Group closed FY2024 with circa USD$1.5bn of System-wide Gross Revenue, generated through its location-based platform made up of over 3,130 Business Solutions centres across 57 different countries, plus circa USD$23bn of Gross Merchandise Value traded through its over 1 million PrestaShop digital ecommerce customers.
Since its founding in 1982, Kwik Kopy Australia has developed a reputation as an industry leader in the Australian design, print, and signage industry, through a network that has steadily grown to include over 85 franchise centres nationwide. Indeed, Stephen Penfold, the original founder of Kwik Kopy Australia, was himself a founding member of Australia’s Franchisee Council and through KKA, the Penfold family has made a significant contribution to Australia’s burgeoning franchise sector.
Representing the Penfold family, Annalise Penfold adds: “We are proud of the legacy we have built with Kwik Kopy Australia and excited about the opportunities this new partnership will bring. Fortidia’s global reach, expertise, and resources will accelerate growth, enhance our customer offering, and ensure a vibrant future for the KKA network.”
“Fortidia shares our passion for creating customers for life and together we can scale our capabilities in design and technology to world class solutions.”
