As a result, DPD UK’s customers can now access CitySprint’s same day and specialist delivery services, while CitySprint can offer its customers access to DPD UK’s domestic next day and international expertise.
“This transaction makes genuine sense for both parties and we are delighted to have completed the acquisition” said DPD UK chief executive officer Elaine Kerr. “Same-day delivery is one of the fastest growing segments of the logistics market and this deal will enable us to provide our customers with fantastic new services.
“Demand for home delivery has continued to grow as consumer behaviour has evolved post-pandemic and DPD UK is perfectly positioned to meet that demand and consolidate our position as a market leader.”
CitySprint chief executive officer Gary West added: “We are delighted to have finally completed this transaction and formally become part of DPDgroup. This represents a major opportunity for both our colleagues and customers as we join forces with Europe’s largest parcel delivery network.”
“There continues to be strong demand for same day delivery services, and we believe we have the right strategy in place to capitalise and build on this within the enlarged DPDgroup.”
The news follows a period of growth for CitySprint, across its more than 30 service centres in the UK.