DX buys Legal Post and First Post
DX has bought two companies – Legal Post and First Post – from First Scottish for £3.25m. Legal Post provides a document exchange and postal service in Scotland, specialising in delivering legal documentation.
First Post operates a Downstream Access mail service in Scotland.
The deal is expected to be completed at the end of May, and DX will then combine Legal Post and First Post with its existing DX Exchange operations in Scotland.
Petar Cvetkovic, Chief Executive Officer of DX, commented: “We are pleased to announce that we have agreed terms to acquire Legal Post and First Post, both of which are well-established operations that will enhance our customer offering. These businesses are wholly complementary to DX’s operations in Scotland and they will be stronger together for both sets of customers, increasing the number of members in a single Scottish exchange network and providing Legal Post’s members with access to DX’s existing members in the UK and Ireland.
Cvetkovic added: “We look forward to delivering a smooth transfer of Legal Post and First Post’s operations to our facility in Livingston over the coming months.”