Announced
Completed
Financials
Sources
Tags
Express Courier / Parcels
United Kingdom
Acquisition
Majority
parcel carrier
Friendly
Completed
delivery
delivery and logistics
Domestic
Private
Single Bidder
Synopsis
Solano Partners-backed YDLGP, a newly formed company, completed the acquisition of Yodel, a delivery firm. Financial terms were not disclosed. “We’re extremely excited to begin the next chapter of Yodel’s journey, leveraging the scale of our business with the support of new shareholders and the future benefits of the Shift technology platform. Our customers have always been our priority and the transaction announced today allows us to ensure continuity for them, as well as our employees and wider stakeholders,” Mike Hancox, Yodel CEO.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.