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The latest courier news in the industry sees London-based Absolutely acquiring 3D Couriers for an undisclosed sum.
3D is a specialist courier company operating from Fitzrovia, London, offering same-day, next-day & international delivery services. The company was established in 2003 and currently has annual turnover of around £2m.
The 3D delivery fleet include push bikes, motor bikes, cargo bikes and vans.
The 3D deal follows on from Absolutely’s acquisition of MayDH in May 2017.
Absolutely will acquire 3D’s corporate accounts and fleet of vehicles. The business will continue to operate under its existing 3D brand in the short-term and the management team of 3D will remain with the business following acquisition.
Jeremy Thompson, Managing Director of Absolutely, said: “We are delighted to have acquired 3D Couriers and look forward to welcoming their experienced team into the business. The clear dedication to exceptional customer service shown by 3D Couriers directly correlates with our own daily working ethos at Absolutely. The well-known same-day delivery expertise of the 3D team will be an important additional asset for Absolutely to further enhance our proposition for our clients. The transaction precisely aligns with our stated ambition to expand by carefully chosen complementary acquisitions over the coming years. This acquisition represents a fantastic addition to the business.”
Doug Hutchinson, Managing Director of 3D Couriers, commented on this latest courier news: “Absolutely is a long-established and well-managed business and was an obvious choice for 3D due to the clear synergies between our organisations. I look forward to ensuring a smooth transition for our staff and clients over the coming weeks and I’m very excited to be joining the Absolutely team.”
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