DPD UK has announced the acquisition of same-day delivery company CitySprint, subject to regulatory clearance by the Competition and Markets Authority.
Following completion of the transaction, expected later this year, DPD UK’s customers will be able to access CitySprint’s same-day and specialist delivery services, while CitySprint will be able to offer its customers access to DPD UK’s domestic next-day and international services.
According to DPD, the existing CitySprint leadership team will remain in place. The acquisition follows a period of growth for CitySprint, which has reportedly seen continued demand for its services as businesses require more urgent and time-critical same-day deliveries.
Elaine Kerr, CEO of DPD UK, said: “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.”
Gary West, CEO of CitySprint, added: “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.”
CitySprint currently offers a range of delivery solutions to businesses across the UK, including same-day, bespoke logistics design and specialist services for key sectors such as retail and healthcare.
Its national same-day delivery network comprises more than 30 service centres across the UK with geographical reach to over 88% of the mainland population within 60 minutes.
