One of my favourite couriers is acquiring one of my favourite couriers! DPD UK, part of DPDgroup, Europe’s largest parcel delivery network and CitySprint, the UK’s premier same day delivery company, today announce that CitySprint will become part of DPDgroup, subject to regulatory clearance.
This follows a period of growth for CitySprint, which has seen continued demand for its services as businesses require more urgent and time critical same day deliveries.
Once completed, DPD UK’s customers will 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.
So why are these two of my favourites? Well DPD are one of the couriers who have done most to drive excellence in the next day delivery field. With predictive delivery time slots, you can almost set your clock by your delivery arriving at the allotted time. On the other hand, CitySprint are a same day delivery company and have contracts in place with the likes of Wickes and again you can set your watch by the time your delivery is due to arrive. Together they give the complimentary services of next day and same day and it’s this that will make them a force to be reckoned with.
The two companies have said that the existing CitySprint leadership team will remain in place.
“Same day delivery is one of the fastest growing segments of the logistics market and so we are delighted to announce the intention to offer this new and exciting service to our customer offering. Even before the pandemic, demand for both next day and same day deliveries was soaring, and this trend has only escalated, something which we see continuing. DPD UK is already a market-leader, and once this acquisition completes, our position in the market will be strengthened further.”
– Elaine Kerr, CEO, DPD UK
“We are pleased to be joining DPDgroup and excited about the new opportunities for growth this will bring. Our two businesses are experts in their respective fields, with very complementary offers. This move is testament to both the continued strong demand for same day delivery and our successful growth strategy. We look forward to working with DPDgroup to explore new opportunities for our same day expertise and services.”
– Gary West, CEO, CitySprint
CitySprint 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.
Its 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.
This transaction is subject to approval by the Competition and Markets Authority and is expected to complete later this year. No further financials will be disclosed at this juncture.