Nightfreight has been acquired by DX Group in an undisclosed cash deal that creates a mail, courier and distribution business with a combined turnover of approximately £290m. As part of the acquisition former City Link MD Stuart Godman will join the combined managerial board as chief operating officer. His former Target Express and City Link colleague, DX chief executive Petar Cvetkovic, remains in his current role while Nightfreight chief executive Ian Smith becomes DX strategy director. Cvetkovic says the acquisition […]
DX Group has acquired almost half of last-mile delivery firm Gnewt Cargo for £1.75m.
The UK Competition and Markets Authority (CMA) is reviewing DX Group’s May acquisition of the trade and assets of Legal Post (Scotland) and First Post from First Scottish Group for £3.25m.
The Identity and Passport Service (IPS) has renewed its passport delivery contract with DX Group. The firm will continue to provide secure delivery of UK passports, supporting documents and internal mail for the IPS, a contract it has held since 2004. Since the secure delivery contract began, the firm has reduced losses by 96% and investigation rates have fallen by 74%. It has also been recognised by the Home Office for helping it to save £3.2m in the 2011/12 financial […]