CitySprint has been acquired by DPD UK
CitySprint, the UK's premier same day delivery company, has been acquired by DPD UK, part of DPDgroup, Europe's largest parcel delivery network, following the recent approval of the transaction by the Competition and Markets Authority.
This completion makes CitySprint now part of DPDgroup and means that DPD UK's customers will now be able to access CitySprint's same day and specialist delivery services in the UK, while CitySprint will be able to offer its customers access to DPD UK's domestic next day and international expertise.
This news follows a period of growth for CitySprint, which supports businesses across the UK with a range of delivery solutions, including same day, bespoke logistics design and specialist services for key sectors such as retail and healthcare.
CitySprint's unique 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 retail specialists and many of the biggest names on the high street.
Rothschild & Co advised on the sale of this transaction. For further detail please contact Barry Sheehan.