Yodel undergoing ‘strategic review’ after receiving ‘unsolicited approaches’ about its direction and ownership

Yodel undergoing ‘strategic review’ after receiving ‘unsolicited approaches’ about its direction and ownership

Following recent reports in the UK media, Yodel has confirmed to Post&Parcel that it has ‘received a number of unsolicited approaches’ in recent weeks regarding its strategic direction and ownership.

In the statement sent to Post&Parcel today (26 July), a spokesperson was also quoted as saying that Yodel has now appointed Clearwater International to ‘lead a full strategic review on behalf of Yodel shareholders’.

The spokesperson added: ‘This process may take some time. For now, Yodel remains focused on its growth journey.’

Yodel is part of Logistics Group Holdings, which is owned by the Barclay family.

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