DPD UK completes CitySprint acquisition

UK delivery giant DPD UK has announced that it has completed the acquisition of same-day delivery company CitySprint. This comes after approval by the Competition and Markets Authority in December.

As a result of the deal, DPD UK customers will now have access to CitySprint’s same day and specialist delivery services in the UK. At the same time, CitySprint customers will be able to access the global delivery network offered through DPD UK’s parent company DPDgroup.

Elaine Kerr, CEO of DPD UK, commented: “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 of CitySprint, commented:  “We are delighted to have finally completed this transaction and formally become part of DPDgroup. 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 saw rapid growth during the pandemic, offering business its full range of services including same-day, bespoke logistics design and specialist services for retail and healthcare companies. It has more than 30 service centres around the UK and can reach more than 88% of the mainland UK population within an hour.

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