Independent Postal operator Secured Mail has today acquired the Downstream Access (DSA) Division of DHL Global Mail UK Ltd. The agreement is subject to contract.
The deal, for an undisclosed sum, increases Secured Mail’s share of the market and confirms its status as one of the major players in the UK postal sector.
The acquisition includes a mail depot in Crick, Northamptonshire, and 55 staff.
Existing clients of DHL Global Mail UK’s DSA unit include Debenhams, Mothercare and National Australia Group.
Mark Bigley, managing director of Secured Mail, said: “This is a significant acquisition for Secured Mail that clearly signals our ambitions for the future.
“DHL Global Mail UK’s network and national coverage in the Downstream Access market, allied to Secured Mail’s existing services and client-base, creates a significant player in the postal market and cements our position in the marketplace.
“This strategic acquisition offers existing and future customers access to the most transparent and visible postal operator in the UK.”
Paul Carvell, chairman of Secured Mail, said: “The deal reflects our strategy of organic growth combined with acquisitions that complement our business model. Teaming up with DHL Global Mail offers significant added value benefits to our customers and improves our offering to bring in yet more new business.”
Tom Kilroy, sales and business development director of Secured Mail said: “There are a number of synergies between both organisations. DHL Global Mail has an excellent team and a loyal client base and this deal provides a long-term commitment to both. We look forward to continuing our incredible growth and increased market presence in partnership with our customers.”
Secured Mail was founded in 2006 and earlier this month was ranked second on the Sunday Times Fast Track, the list of the UK’s Top 100 fastest-growing private companies. Turnover in 2011 was £48million.
Secured Mail’s head office is in Warrington, with facilities in Dartford, Kent. The company employs 150 and clients include Amazon, Centrica and Southern Water.
Jonathan Brod, Partner at Next Wave said, “We are delighted to have supported Secured Mail in making such a transformational acquisition so soon after our investment. We are looking forward to working with the team to make the integration of the DHL business a great success.”