M&A Deal Summary

DX Acquires City Link - Certain Assets

On January 6, 2015, DX acquired transportation company City Link - Certain Assets from City Link for 1M GBP

Acquisition Highlights
  • This is DX’s 2nd transaction in the Transportation sector.
  • This is DX’s largest (disclosed) transaction.
  • This is DX’s 2nd transaction in the United Kingdom.

M&A Deal Summary
Date 2015-01-06
Target City Link - Certain Assets
Sector Transportation
Buyer(s) DX
Sellers(s) City Link
Deal Type Divestiture
Deal Value 1M GBP

Target

City Link - Certain Assets

Baginton, United Kingdom
City Link - Certain Assets comprising cages, scanners and certain intellectual property.

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Buyer(S) 1

Buyer

DX

Iver, United Kingdom
Category Company
Founded 1975
Sector Transportation
Employees3,196
DESCRIPTION

DX (Group) plc is an independent logistics and parcel distribution company operating throughout the UK and Ireland. DX provides next day delivery services for mail, parcels and heavier items requiring 2-Man services. In particular, DX specialises in next day or scheduled deliveries for time sensitive, mission critical and high value items. Last year, the Company delivered in excess of 200 million items for both public and private sector companies to both businesses and residential addresses nationwide. Customers are mainly B2B but also B2C.

DEAL STATS #
Overall 2 of 4
Sector (Transportation) 2 of 2
Type (Divestiture) 1 of 3
Country (United Kingdom) 2 of 4
Year (2015) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-12-09 Gnewt Cargo

London, United Kingdom

Gnewt Cargo Ltd. is a fast-growing environmentally-friendly delivery services provider. Gnewt operates a fleet of over 100 electric zero-emission vehicles, including cargo-cycles and minivans. It offers multi-drop ‘last mile’ delivery services in Central London.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-05-10 The Legal Post

Dalgety Bay, United Kingdom

The Legal Post (Scotland) Ltd. provides a document exchange and postal service in Scotland, delivering legal documentation quickly and efficiently.

Buy -

Seller(S) 1

SELLER

City Link

Baginton, United Kingdom
Category Company
Founded 1969
Sector Transportation
DESCRIPTION

City Link is a premium express delivery company, providing high quality, flexible and innovative service solutions across the UK, Ireland and Worldwide.

DEAL STATS #
Overall 1 of 1
Sector (Transportation) 1 of 1
Type (Divestiture) 1 of 1
Country (United Kingdom) 1 of 1
Year (2015) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-10-25 Tiger Haulage

Milton Keynes, United Kingdom

Tiger Haulage Ltd. is a provider of postal service. Company operates a networked express parcel delivery services across the UK and Northern Ireland for major blue chip companies amongst others.

Buy -
Mergr

Product

Company

Legal