Private equity firm Lloyds Development Capital (LDC) has bought an undisclosed stake in CitySprint in a deal which values the same-day courier at £175m. CitySprint’s management team remains the biggest shareholder in the business, and its other investor Dunedin has retained a stake in the business, but a spokesman for CitySprint said it “wasn’t as big a stake as it had previously held”. The business said the deal will “accelerate the next stage of its growth”. The deal comes as […]
A trailblazer apprenticeship standard for managers in the parcel courier sector has been submitted to BIS by the Institute of Couriers (Ioc) in light of the e-retail boom and upcoming apprenticeship levy.
A final mile delivery trailblazer apprenticeship was given the green light at the end of last year, backed by the Institute of Couriers (IoC).
ByBox Field Support has extended its technical services arm with the acquisition of courier firm Echo.