Parceline has 42 depots and Interlink Express 113. Quoting the biggest numbers avilable, Parceline employees are 4100 and Interlink 3300 (to be exact that is 4154 and 3381).
(Phil Foster, Marketing Manager – Research & Strategy
GeoPost UK Limited)
ANC Group’s six-strong management group has taken a majority shareholding and secured a new long-term equity investor. The result of the funding deal is that: RBS and Halifax BoS have exited the company; the management have added 50% of the company to their earlier shareholding and now own 73.75%; and Lloyds TSB Development Capital owns 26.25%, with a commitment to retain its stake for seven years. In total, the package of senior debt (provided by HSBC), working capital and equity totals (pounds sterling)37.3m; the breakdown is not disclosed and there is no indication of the valuation of the company. Chief executive Mark Gittins says the new funding allows the firm to continue with long-term investment; short-termism is dangerous in the parcels sector, he says.
ANC claims to be the sector’s fastest-growing independent and last year increased annual capacity by a further 35m parcels. It is handling “up to 200,000 parcels a day”.
The newly deregulated postal sector has allowed independent delivery firms Target Express and UK Mail to expand their services. Target has linked with DM production firm Lloyd James for a 5,500-piece campaign. It was the first commercial mailing through its new postal service Target Post. The service incorporates a pre-printed postmark and clients state the priority of each mailing. “The next step in our relationship with Target is to encourage customers to utilise Target Post for their own direct mail projects,” said Lloyd James operations manager Stuart King.Target Post general manager Andrew Harden-Sweetnam added: “The level of early interest has been very positive and we are already in discussions with several other interested parties.”
Read MoreThree years ago it would have been unthinkable that Guernsey Post could enter the Awards for Achievement, let alone win anything. But on Thursday night, in front of the cream of Guernsey’s business community, the company walked away with the coveted prize for best large business. ‘It’s pretty good,’ admitted managing director Mike Hall. ‘It’s a double whammy because it’s incredibly prestigious and it marks the turnaround and has that double feeling of success because it marks our full rehabilitation.’ Much hard work has been done since the difficult times and the success has been felt all the way through the organisation.
Read MoreBulgaria’s new law for postal services has been adopted at first reading in Parliament. The new rules were designed to match European Union standards, the authorities say.
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