Xpediator, the parent company of Delamode, has acquired Regional Express Limited, a UK-based freight forwarder and international courier.
The move marked the company’s second acquisition since its IPO, and like Benfleet Forwarding, was identified as a corporate target in its admission document.
Regional Express is an international road, sea and air freight forwarder which operates from Dorset and Hampshire. The company is an approved service provider to Amazon Global Selling providing, VAT registrations, customs clearance and transport of goods via air and sea freight from the USA and Far East into the UK. Regional Express has also established a UK team to develop the same concept from the UK to the USA.
On completion the enlarged entity will operate from six sites in the UK together with 11 European offices employing over 690 people.
Stephen Blyth, Xpediator’s CEO, commented: “Regional Express is an exciting profitable niche operator and one which will fit well into the Xpediator Group, adding significantly to our existing air and sea freight operations, two areas where we have been looking to expand our presence. We also expect there will be a number of synergistic opportunities through offering Regional’s clients the wider services of the Xpediator Group in particular in warehousing and fulfilment, plus our European Network.
Regional’s growing business with Amazon is a key attraction for us and one which will increase our exposure to the fast-growing e-commerce market. There is potential for Regional to develop the relationship further with Amazon and we believe that is enhanced by Regional becoming part of the enlarged Group.”
Source: Xpediator (Delamode)
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