DX Group’s multi-million pound takeover of Legal Post (Scotland) and First Post has been given the green light, after the UK competition authority closed its investigation into the deal. The Competition and Markets Authority (CMA) announced in July that it was reviewing DX’s £3.25m acquisition, which will increase the operator’s presence in Scotland and consolidate the legal document exchange market there. In September the competition authority lifted an enforcement order – effectively allowing integration of the business to resume. The […]
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.
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 issued a profit warning, citing the shortage of HGV drivers as a key factor in driving up costs.