Details of the JD Williams transfer to Parcelnet
€30m turnover for 12.5 m parcels = €2.42 per parcel. An €18m one off “exit fee” was paid to Parcelnet to take the business off TNT Posts hands.
Read MoreTag: JD Williams
Parcelnet acquires TNT post’s courier business (UK)
Parcelnet has acquired the courier business of TNT Post. Under the agreement, Parcelnet has integrated TNT Post’s nationwide courier operation and the home delivery contract for catalogue and online retailer JD Williams into its existing UK business, enhancing the company’s network in terms of size and throughput.
Volumes totalling more than 12.5 million parcels per year have been smoothly and seamlessly transferred to Parcelnet – including the long-term contract with JD Williams – with minimal service disruption to customers. Parcelnet has also become TNT Post’s preferred home delivery partner as part of the deal. The extended network size – increasing to 7,000 lifestyle couriers – makes courier rounds even more local and has strengthened
Parcelnet’s presence in London and the south east of England, enabling the company to introduce enhanced service offers in the future. In addition, Parcelnet has taken on 100 full-time employees that previously held field, support and management roles within TNT Post, allowing the company to make best use of expertise and best practise.
Commenting on the acquisition, Carole Woodhead, Managing Director at Parcelnet, said: ”This latest development builds on the acquisition of the Redcats courier business last year, further strengthening our network, enabling service enhancements and providing continued growth of our client base.”
Last year, Parcelnet acquired the UK courier network of catalogue group Redcats. Under the terms of the deal, Parcelnet was appointed to handle the home delivery service for Redcats’ UK brands – notably La Redoute, Empire Stores, Vertbaudet and Daxon.
Read MoreEstimated market size for the UK-B2C market
Estimated market size for the UK-B2C market
Read MoreExplosive rise of TNT gives Royal Mail a run for its business market
TNT, the Dutch-based parcels and mail group, is poised to increase its challenge to Royal Mail with extended mail and parcels services in its GBP100m-a-year UK business, moving closer to the day when it has its own postmen on the streets.
End-to-end business delivery services are being extended to more major cities after successful trials in Glasgow and Manchester. The acquisition of the parcels deliverer JD Williams – with 2,000 couriers – also provides a platform for growth.
Peter Bakker, chief executive at TNT, revealed the plans after announcing an acceleration in second quarter operating profits, raising full-year expectations.
TNT expects to collect and sort 1.2bn items of mail in Britain this year, mainly for banks and utilities. At present, Royal Mail handles final delivery but the two city trials have encouraged TNT to offer more end-to-end services to business clients.
Effective B2C Distribution Requires A Quality Fulfilment Interface
Presentation at UK EDC by JD Williams.
P:LibraryUK Express Delivery 06justin_ferguson.ppt
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