International e-commerce operator P2P has joined The Delivery Group.
Private equity company Next Wave Partners LLP backed the deal. They released a statement saying, “We are delighted that P2P has joined The Delivery Group, and believe that the combined entity will create a market leading e-commerce logistics proposition with a strong culture of customer service and an innovative approach across all three businesses.”
P2P employs 150 staff and provides tracked and untracked e-commerce distribution services from the company’s locations in Basildon and Heathrow.
Now a member of The Delivery Group, P2P will join Secured Mail and CMS. The Group will have an estimated turnover of £200 million, operate from six locations and have around 500 employees handling more than 500 million items every year.
CMS offers its clients a value added one stop outsourcing solution with a number of major clients in the financial and media sectors. Secured Mail meanwhile is a downstream access (DSA) mail and e-commerce operator. Both companies work together on DSA, international and London hand delivery to provide a range of UK services to their customers.
P2P’s Founder and CEO Ian Dowie said: “We chose to join The Delivery Group not only because we could see the exciting service opportunities that we can offer together, but because the cultural fit and focus on customer service was evident right from the first meeting. We look forward to working alongside Mark Bigley and Steve Stokes and their teams to create something special.”
Paul Carvell, Chairman of The Delivery Group commented: “P2P brings an even greater international perspective and expertise to The Delivery Group, with a range of services, including the pioneering and innovative worldwide tracked delivery solution designed specifically for the ecommerce sector, TRAKPAK, providing tremendous new options for our existing ecommerce customers. In keeping with The Delivery Group strategy, P2P will continue to provide the same great service under the same trading names and run by the same management team.”
Services offered include international and domestic e-commerce and mail deliveries, direct marketing mail distribution, managed mail solutions and financial research and IPO document logistics.
P2P’s Ian Dowie (CEO) and Malcolm Barrell (COO), will both join The Delivery Group’s board of directors alongside Chairman Paul Carvell, Michael Owen as Chief Financial Officer, Secured Mail’s CEO Mark Bigley, CMS ‘s CEO Steve Stokes, as well as representatives from Next Wave Partners LLP.
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