Lloyd Dunn has been appointed CEO of DX Group, which has secured £24m from investors to get the business back on track. Former Tuffnell’s chief executive Dunn has put £5m into the business in the form of a loan note. DX Group’s largest shareholder Gatemore Capital Management has put forward £11m, including the £2m unsecured loan that was announced last month, and Hargreaves Hale £7.5m, all in the form of loan notes. The loan notes can, subject to shareholder approval, […]
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.
Tuffnells Parcels Express has been acquired by newspaper and magazine distributor Connect Group for £113.4m.
Parcel delivery specialist DX has added over 300 new vehicles to its delivery fleet as part of major plans to make the company the market leader in its sector.