DPD UK has completed the acquisition of CitySprint, following the recent approval of the transaction by the Competition and Markets Authority.
The deal, announced last summer, means CitySprint is now part of DPDgroup, marking the group’s expansion into same-day delivery services. It also enables CitySprint to offer its customers access to DPD UK’s domestic next-day and international solutions.
Elaine Kerr, CEO of DPD UK, said the transaction made genuine sense for both parties.
“Same-day delivery is one of the fastest-growing segments of the logistics market and this deal will enable us to provide our customers with fantastic new services. Demand for home delivery has continued to grow as consumer behaviour has evolved post-pandemic and DPD UK is perfectly positioned to meet that demand and consolidate our position as a market leader.”
Gary West, CEO of CitySprint, also remarked on the prospects for both the combined business and its customers.
“This represents a major opportunity for both our colleagues and customers as we join forces with Europe’s largest parcel delivery network. There continues to be strong demand for same-day delivery services, and we believe we have the right strategy in place to capitalise and build on this within the enlarged DPDgroup.”
The deal follows a period of growth for CitySprint, which supports businesses across the UK with a range of delivery solutions, including same-day, bespoke logistics design and specialist services for key sectors such as retail and healthcare. Its same-day delivery network covers 30+ service centres across the UK with geographical reach to over 88% of the mainland population within 60 minutes.
DPD specialises in UK domestic next-day and international deliveries. It operates nationwide, seven days a week from 84 locations and delivers over 300 million parcels a year for online retail specialists and many of the biggest names on the high street.
DPD also continues to spearhead developments in sustainable delivery. In 2018, it opened the UK’s first all-electric parcel delivery depot in Westminster and currently has over 1,500 EVs on the road in the UK.
In October 2020, it announced plans to deliver to 25 of the largest towns and cities in the UK with zero- and low-emission delivery means by 2023, while in July 2021, Oxford became DPD’s first all-electric city in the UK.
