Tag: Securicor

Potential for Hays from Consignias difficulties

Postcomm is increasingly minded to award licences for a range of competitive postal services to those who come up with the most creative ideas and have the best chance to deliver their promises. In the case of a prolonged postal strike, this programme of change might be brought forward. There are three main contenders for a postal licence. They are: Deutsche Post, the former state-owned German postal service, which has stakes in the DHL and Securicor delivery services and has been mentioned as a buyer for Hays; TNT, which has been bought by the Dutch postal service; and Hays itself, the only UK-quoted company with a look-in. Hays already operates an upmarket delivery service for lawyers and accountants, and has made a convincing case that it could run highly competitive deliveries in major cities, including London, Manchester and Edinburgh. Moreover, if the regulator were to slice away one sector of the market, such as direct advertising, then an application from Hays or Deutsche Post, whose shares are now quoted, would find favour.

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Royal Mail may hire rivals

ROYAL MAIL is planning to use potential rival operators for deliveries
that are hit by strike action. Rival operators are likely to include Hays, the logistics and
delivery company which already has a provisional licence to operate, and
groups such as DHL and Securicor.

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Securicor to sell US wireless arm for $36m

Securicor, the security, distribution and communications group, confirmed on Thursday that it was in advanced talks to sell its US wireless communications business for about $36m (£25.3m). The group also confirmed that Roger Wiggs, chief executive, will retire at the end of December, to be succeeded by Nick Buckles, chief executive of the security division. The sale of the US wireless business and the management change is likely to be interpreted as the start of a restructuring aimed at focusing the group on its core security division.

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