DPD UK has acquired CitySprint after getting the go-ahead from the Competition and Markets Authority.
The purchase, first announced in August last year, marks DPD’s expansion into same-day delivery services and allows CitySprint to offer its customers access to DPD UK’s domestic next-day and international solutions.
Announcing the completion of the acquisition, Elaine Kerr, chief executive of DPD UK, said the move benefits both parties.
“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.”
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Gary West, chief executive of CitySprint, added: “This represents a major opportunity for both our colleagues and customers as we join forces with Europe’s largest parcel delivery network. There continues to be strong demand for same-day delivery services, and we believe we have the right strategy in place to capitalise and build on this within the enlarged DPDgroup.”
CitySprint offers a range of delivery services including same-day, bespoke logistics, design and specialist solutions for key sectors including retail and healthcare.
Its same-day delivery network covers more than 30 service centres across the UK and can reach 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.
DPD is currently forging ahead with a major EV programme which saw it open the UK’s first all-electric parcel delivery depot in Westminster in 2018. It now has over 1,500 EVs on the road in the UK.
The group is also planning to use only zero-emission and low-emission transport to deliver to 25 of the largest towns and cities in the UK by 2023
