Parcel, freight and document delivery specialist DX Group has acquired Bedfordshire-based company HBC Logistics, launching a new growth phase for the company.
The acquisition comes just six months after the appointment of Ian Truesdale as chief executive on 1 July 2025 by DX’s parent company, H.I.G. Capital, a US alternative investment firm with $70bn (£56bn) of assets under management.
Announcing the deal, DX Group said it marks the first step in the company’s next phase of growth and reflects the leadership’s ambitions to scale and evolve DX.
Founded in 2017, HBC Logistics delivers rapid and scheduled logistics solutions, offering warehousing and fulfilment, palletised freight, same-day courier services and international shipping.
It is headquartered at Straton Business Park in Biggleswade, where it operates a 62,000sq ft facility, and has additional support centres in Hertordshire, Cambridge and London.
Its footprint spans the South East, West Midlands and East Midlands, supported by a diverse fleet ranging from small vans to articulated HGVs. It is a Platinum-rated member of the United Pallet Network and Palleforce, and partners with a number of global carriers.
In recent years, the business has also taken steps to strengthen its sustainability credentials, including partnering with Carbon Neutral Britain, the UK’s leading carbon-offsetting initiative.
Truesdale said: “We’re delighted to welcome the team at HBC Logistics to DX. They bring valuable operational capability and sector experience as we continue to evolve the business, particularly across our DX Fulfilment and DX SameDay propositions.
“This acquisition marks the next phase in DX’s expansion and development. It reflects deliberate choices about where we invest and how we grow, both organically and through future acquisitions.”
DX turned 50 last year, and we are moving forward with intent, investing in our services, developing our people and delivering greater value for our customers. Bringing HBC into the business is an early example of that direction in action.”
Will Wright, DX chief financial officer, added: “This acquisition is an excellent fit and natural commercial progression for both DX and HBC.
“HBC has built a disciplined, high-quality operation that complements our services portfolio and will underpin efficient growth in key regions. This is exactly the kind of targeted, strategic investment we are commited to making as we scale the business.”
Ben Weldon, HBC Logistics director, commented: “DX is passionately commited to serving its customers’ needs and, culturally, we share the same values.
“This makes for a very good union. We have been impressed by DX’s growth trajectory and are excited by their ambitious plans for expansion. We look to the future with confidence.”
Dave Northfield, HBC Logistics director, added: “This next step with DX brings many opportunities for our team, our customers and the future of the business.
“We’re proud of what we’ve built at HBC and joining DX means we can keep building, now with even greater scale and support behind us.”
