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CitySprint acquires Axa Courier Express Ltd

CitySprint, the UK’s largest privately owned SameDay Courier network, has announced its acquisition of Axa Courier Express Ltd.

CitySprint is part of the Courier and Passenger Transport Group, which also comprises WestOne Cars and Burgundy Cars. The Group has achieved an average compound growth rate of 10 per cent per annum in the past 5 years and has annualised revenues of £70 million.

CitySprint has a 7 per cent market share of the UK SameDay courier industry and is one of the top 5 SameDay courier networks in the world, the acquisition of Axa will further strengthen CitySprint’s position in the industry.

Like CitySprint, Axa provides SameDay Courier services to businesses in and around the Heathrow area. Over a period of twenty-five years, Axa has forged a large and satisfied customer base, comprised mainly of freight forwarders. The acquisition by CitySprint will mean that the Axa Courier Express Ltd name and brand will be discontinued.

CitySprint has been providing courier services to a broad range of local companies in and around the area for over ten years. Its customers benefit from a ServiceCentre team with unmatched experience of the courier industry and a depth of local knowledge – something that Axa’s customers will now benefit from.

Michael Blanchard, Regional Manager for CitySprint, says:

“Axa represents one of a small number of well-established SameDay courier companies in the Heathrow area. Its business model fits very comfortably with CitySprint’s, as it operates with a highly focused customer service ethos”.

CitySprint’s recently refurbished site is located in the heart of Heathrow’s Logistics community and with Axa will now comprise a fleet of over 40 vehicles, which are available for ad-hoc client use.

All of Axa’s staff members will join CitySprint’s Heathrow team. The team offers its complete range of SameDay Courier, NextDay Courier, International Courier and Specialist Services to local businesses in and around the Heathrow area.

Axa’s customers will now be able to benefit from CitySprint’s OnLine facilities, as well as the ability to track their jobs in a live environment through CitySprint’s website, www.citysprint.co.uk

 

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