ArrowXL has been acquired by leading European logistics group, Jacky Perrenot

Arrowpoint Advisory’s Supply Chain and Logistics sector team has advised ArrowXL, the UK’s largest and longest established two-person home delivery specialist, on its sale to Jacky Perrenot Group, a leading Pan-European logistics and transportation business with a turn-over in excess of €1.2bn.

Under the terms of the deal the existing ArrowXL Senior Executive Management Team will remain, operating the business as usual with all 2025 operational investment plans continuing.

The acquisition is the Jacky Perrenot Group’s first move into the UK and will enable retail customers to access other geographies utilising its expertise in 2-person delivery and its network of existing operations in over 170 sites in France, Spain, Portugal and Benelux. The Group has over 80 years of experience, a fleet of more than 10,000 vehicles and 10,000 employees. With a strong focus on ESG, it has pioneered the use of new technologies in its fleet of environmentally friendly vehicles utilising CNG, 100% electric and hydrogen and is committed to sustainable development.

Charlie Shiels, CEO at ArrowXL said: “I am delighted with this news and couldn’t have hoped for a better new owner that will bring future security for our people and our business. It is clear to us that the Jacky Perrenot Group shares similar values with ArrowXL with a strong commitment to sustainable development and to delivering the best service in the marketplace. They are a significant European company with huge ambitions and all parties are genuinely excited for the future.”

Mathew Deering, Chairman at ArrowXL, commented: “ArrowXL attracted a lot of interest from both UK and international buyers due to the strength of its team, infrastructure and client base alongside its reputation for high levels of service. It has been a pleasure working with a very committed and capable Management team, our owners and funders towards this transaction over the last 12 months. There is no doubt that in Jacky Perrenot Group, we have found the right home for the business, with the resources and strategic focus to keep Arrow at the forefront of its industry for years to come.”

Philippe Cuoc, CEO of the Jacky Perrenot Group, mentioned: “We welcome everyone at ArrowXL into our family and assure them of our intention to support the business with continued investment to further strengthen their industry leading status. We are excited to now own an established operation in the UK which is the largest and most vibrant ecommerce market in Europe which we believe will be of great benefit to our customers. We announced our ambitions two years ago to create an International Bulky B2C European solutions, and we are on track to meet this goal.”

Barry Sheehan, Managing Director at Arrowpoint Advisory, concluded: “Jacky Perrenot bring a wealth of experience in 2-person delivery and offer an exciting future for ArrowXL. We’re delighted to have advised on this transaction and look forward to seeing what they achieve together.”

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