An old friend of mine started a parcel delivery business some years back.

His father passed away around the same time, so this little business gave him a new focus and distraction from the pain of loss.

The business has turned out to be successful. It focuses on software development to improve sending efficiency for e-commerce companies. He is currently expanding it into Australia.

We sometimes get together for dinner at the Italian restaurant. It fascinates me to hear about the other successful businesses using his service. Probably Kiwi companies you’ve never heard of, but doing good volumes. For example, health supplements.

My friend’s delivery business comes under the wider ecosystem of ‘mobility’.

As far as investment themes go, this area is growing fast. It enjoys tailwinds from technology and growing demand.

Keeping moving has always been important. When you find a business that can help thousands of customers — if not millions — do this better, faster, and cheaper, my ears prick up.

 

Wincanton [LSE:WIN] was previously listed on the LSE
with a market cap around £500 million. Source: Richard Says / Flickr

Some years back, we came across a British logistics firm: Wincanton plc. It was sitting on the London Stock Exchange rather undervalued, and we invested for our wholesale clients.

As has happened a few times now across portfolios, others spotted the value gap a bit later. Wincanton was acquired by GXO Logistics [NYSE:GXO], delivering a considerable premium for us.

Naturally, we’re looking for new opportunities in logistics and mobility…

 

Your first Quantum Wealth Report is waiting for you:

⚡🌎 Start Your Subscription: NZ$37.00 / monthly

⚡🌎 Start Your Subscription: US$24.00 / monthly