DPD group takes a stake in the capital of TIPSA

DPD UK

The DPD Group, the current majority shareholder of SEUR, and TIPSA have announced that they have reached an agreement for the entry of the French group in the capital of the express delivery company and the agencies linked to its shareholders. The operation is pending approval by the competition authorities.

Integrated into the DPD Group, both companies SEUR and TIPSA will operate with the current staff as two independent brands, a common practice for DPD Group, present in countries such as France and the United Kingdom with two different brands.

María Luisa Camacho, Managing Director of TIPSA, said “this agreement will allow DPD Group and TIPSA to boost their international development, improve their offer in some specific sectors such as healthcare and food, complete their out-of-home delivery network Pickup and Yupick! for managing the e-commerce deliveries, and improve the commercial and operational coverage of solutions for large, medium and small companies.”

Source: DPD Group