DPD UK targets same day delivery space with CitySprint acquisition
Parcel delivery specialist, DPD UK, has completed the acquisition of CitySprint, a UK-based same day delivery company, following the recent approval of the transaction by the Competition and Markets Authority.
Elaine Kerr, CEO at DPD UK, comments: "This transaction makes genuine sense for both parties and we are delighted to have completed the acquisition.”
“Same day delivery is one of the fastest growing segments of the logistics market and this deal will enable us to provide our customers with fantastic new services.”
“Demand for home delivery has continued to grow as consumer behaviour has evolved post-pandemic and DPD UK is perfectly positioned to meet that demand and consolidate our position as a market leader."
Gary West, CEO at CitySprint, comments: "This represents a major opportunity for both our colleagues and customers as we join forces with Europe's largest parcel delivery network.”
“There continues to be strong demand for same day delivery services, and we believe we have the right strategy in place to capitalise and build on this within the enlarged DPDgroup."
CitySprint's national same day delivery network comprises 30+ service centres across the UK with geographical reach to over 88% of the mainland population within 60 minutes.
DPD specialises in UK domestic next-day and international deliveries. It operates nationwide, seven days a week from 84 locations and delivers over 300 million parcels a year for online retailers and many of the biggest names on the high street.
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