menu

The Delivery Group acquires Onepost

The Delivery Group announced it has acquired independent postal management provider Onepost. It’s unknown how much the UK postal and ecommerce operator paid for Onepost, but it will bring together two major players in the British mail and ecommerce sector.

Advertisement

Chargeback Dispute Guide
We created this guide to help merchants see through fraudsters' tricks & protect their business from chargebacks, without compromising the shopping experience. Download the guide now.

It was announced earlier this week that The Delivery Group acquired 100 percent of Onepost’s share capital. Now the two companies will come together, the enlarged group will have an annual turnover of over 293 million euros, while employing 500 people across seven locations, and managing almost a billion items of mail and packages both in the United Kingdom and abroad.

Further developing their portfolio of services

Steve Stokes, the CEO of The Delivery Group, says he is looking forward to work with the team of Onepost and to unlock the “synergy benefits that exist”. He also wants to further develop their portfolio of services to all their customers.

Improved tracking and delivery accuracy

Graham Cooper, co-founder of Onepost, commented: “The Delivery Group’s automation and transport technology is second to none, and will bring significant benefits to our customers with improved tracking, delivery accuracy and give us access to a wider range of services.”

In 2017, The Delivery Group saw its revenue increase by 61 percent and reach 235 million euros. That siginificant jump in revenue was mostly due to the acquisition of P2P Mailing in 2016.

Tags

Comments