Tuesday 25th Oct 2016 - Logistics Manager

CitySprint buys Network Logistics UK

CitySprint has bought Network Logistics UK, the Birmingham-based same day logistics firm – its third acquisition in six months.

Patrick Gallagher, chief executive of CitySprint, said: “This deal marks yet another important step forward in our growth strategy and will help us expand our reach and offering for our customers.”

Network Logistics UK was founded in 2004 and built up by directors Craig Guthrie, David Costin and Paul Ryder.

CitySprint now acquired all of Network Logistics UK SameDay, Overnight and International Operations, which includes a local and national customer base.

Network Logistics UK’s employees will transfer to CitySprint, and the local contact details will remain the same.

An associated company, Network Executive Chauffeurs, will remain independent.

CitySprint now has some 2,500 couriers and network of 37 UK service centres.