
THE POST OFFICE BUYS US BASED CITIPOST
5 January 2000 – The UK Post Office acquired a 100 per cent holding in Citipost Group. The total consideration is reported at £25m. Citipost is a group of document delivery companies based in New York and owned by Richard Trayford and Hugh Fitzwilliam-Lay. It has offices in major American Cities, London, Frankfurt, Singapore and other centres.
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