Deutsche Post DHL Group has completed its £243 million takeover of parcel and logistics company UK Mail.
“We welcome this opportunity to add the nationwide infrastructure, motivated team and high quality service capabilities of UK Mail to our European network,” said Jürgen Gerdes, Deutsche Post DHL Group board member post – eCommerce – parcel. “This acquisition will deliver additional value for the customers of both our companies: UK Mail customers will receive enhanced access to consumers across Europe via our world class parcel network and DHL Parcel customers will benefit from a seamless, integrated delivery service for their cross-border shipments to and from the UK.
“The acquisition further expands the presence of Deutsche Post DHL Group in the UK, Europe’s largest e-commerce market and builds on our leading global position in e-commerce logistics.”
Peter Kane, the founder and chairman of UK Mail, said: “We are delighted to become part of Deutsche Post DHL Group, the world’s leading and one of the most respected logistics groups. We, and our customers, will benefit from their global reach and expertise and we will be able to offer their global customers a seamless and highly sophisticated service within the UK market.”