DPD acquisition of CitySprint approved by UK government

Delivery

DPD has welcomed the UK government’s Competition and Markets Authority (CMA) approval of the company’s takeover of same-day courier company CitySprint.

The acquisition, which was initially announced in August, follows a period of expansion for CitySprint, which has seen greater demand for its services as businesses require more urgent same-day deliveries.

CitySprint has seen strong, consistent growth across the pandemic. It currently has over 30 centres around the UK and can deliver parcels to over 88% of the UK population within 60 minutes.

READ MORE: InPost to install parcel lockers in Westfield Shopping Centres

As a result of the deal, 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.

In July, CitySprint announced a recruitment effort in response to a significant increase in logistics demand, particularly in London.

DPD has also stated that the existing CitySprint team will remain in place.

“We are delighted to have received confirmation from the CMA that the planned acquisition of CitySprint has been approved,” a DPD spokesperson said.

“We will be working closely with the CitySprint team in the coming weeks to finalise the transaction and we are looking forward to our future together and the opportunities that will bring.”

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