CitySprint has snapped up London delivery firm CYC Logistics as part of its ongoing expansion strategy. The deal increases the same-day courier firm’s depot network to 40 and gives it a total courier workforce of nearly 3,000. All operations and staff will transfer over from CYC on 28 November, with integration into the network planned to take place over the coming months. CitySprint CEO Patrick Gallagher said: “Today’s acquisition, the second biggest in our history, is a major and exciting […]
Tuffnells Parcels Express has been acquired by newspaper and magazine distributor Connect Group for £113.4m.
Same day courier firm CitySprint has completed its third acquisition this year with its purchase of Enfield-based The Courier Service.
Motor Transport’s owner Road Transport Media has revealed today (25 May) that it is acquiring Tip-ex, the UK’s only exhibition for the tipper and bulk transport sector. The annual trade show, held in Harrogate, attracts over 70 exhibitors and 2,000 visitors every year and is a major focal point for the construction and bulk transport sector. “Tip-ex serves an extremely important part of the UK road freight industry and we are delighted to have the opportunity to get involved with […]