Rico Logistics “excited” after completing DHL Express same-day acquisition


DHL Express completed the sale of its same-day domestic business to Rico Logistics last week. The same-day and parts distribution company said the deal, its first acquisition, has seen its fleet grow to 1,400 vehicles across 35 sites nationwide when the two businesses began to operate together on 1 November. Rico’s director of sales and marketing, Martin Cheeseman, told MT.co.uk: “The investment by TVS has brought about some significant changes to Rico. These changes focus on growing the organisation, both […]