DPD has announced it has completed the acquisition of CitySprint, the UK’s premier same day delivery company, following the recent approval of the transaction by the Competition and Markets Authority.
This completion makes CitySprint now part of DPDgroup and means that DPD UK’s customers will now 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.
CEO of DPD UK Elaine Kerr commented: “This transaction makes genuine sense for both parties and we are delighted to have completed the acquisition. 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.”
This news follows a period of growth for CitySprint, which supports businesses across the UK with a range of delivery solutions, including same day, bespoke logistics design and specialist services for key sectors such as retail and healthcare.
CitySprint’s 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.
DPD specialises in UK domestic next-day and international deliveries. It operates nationwide, seven days a week from 84 locations and delivers over 300 million parcels a year for online retail specialists and many of the biggest names on the high street.
Source: DPD
