Monday 26th Sep 2016 - Logistics Manager

Former Tesco chief invests £2m in MetaPack

Sir Terry Leahy, former chief executive of Tesco, has invested £2 million to become a ten per cent shareholder in MetaPack.

The move is part of a new investment alongside the William Currie Group and Artemis, under which Leahy will provide advice to CEO and co-founder Patrick Wall and COO Karl Wills.

Leahy said: “For ten years MetaPack has been innovating and leading the field to help improve delivery and customer services in the important growth area of e-commerce. It will extend its services to retailers by providing industry based information on e-commerce trends, delivery standards and even fraud analysis. The company has a great future ahead of it and one day I would like to see it as a leading global player”.

MetaPack was founded in 1999, and manages e-commerce and multi-channel delivery systems. It works with all UK parcel carriers and retailers such as John Lewis, M&S and Asos.