- 23 January 2018
- Transport / Logistics Services
London based couriers Absolutely have bought 3D Couriers for an undisclosed sum.
3D are a specialist couriers that are based out of Fitzrovia in London. As with Absolutely they offer same day, next day and international delivery services. 3D were established in 2003 and has a turnover of around £2 million annually.
The 3D delivery fleet include push bikes, motor bikes, cargo bikes and vans.
The 3D acquisition follows on from Absolutely’s purchase of MayDH in May 2017.
Under the deal Absolutely will take on 3D’s corporate accounts and their fleet of vehicles. 3D will continue to operate under the 3D brand for the short-term, and the 3D management team will remain in post.
Jeremy Thompson, Managing Director of Absolutely, said: “We are delighted to have acquired 3D Couriers and look forward to welcoming their experienced team into the business. The clear dedication to exceptional customer service shown by 3D Couriers directly correlates with our own daily working ethos at Absolutely. The well-known same-day delivery expertise of the 3D team will be an important additional asset for Absolutely to further enhance our proposition for our clients. The transaction precisely aligns with our stated ambition to expand by carefully chosen complementary acquisitions over the coming years. This acquisition represents a fantastic addition to the business.”
Doug Hutchinson, Managing Director of 3D Couriers, added: “Absolutely is a long-established and well-managed business and was an obvious choice for 3D due to the clear synergies between our organisations. I look forward to ensuring a smooth transition for our staff and clients over the coming weeks and I’m very excited to be joining the Absolutely team.”