DPD UK, part of DPDgroup, has announced that CitySprint will become part of DPDgroup, subject to regulatory clearance, to boost its same day offering.
Once the deal is 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.
The existing CitySprint leadership team will remain in place.
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. DPD UK is already a market-leader, and once this acquisition completes, our position in the market will be strengthened further.”
Gary West, CEO of CitySprint, said: “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 supports businesses across the UK with a range of delivery solutions, while its 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.