DX announces acquisition of Legal Post and First Post
DX, an independent parcels, mail and logistics operator, has announced the acquisition of the trade and assets of Legal Post and First Post from First Scottish. The deal is worth £3.25 million, with completion expected at the end of May.
Legal Post provides a document exchange and postal service in Scotland. First Post operates a downstream access mail service in Scotland offering an alternative to Royal Mail’s first and second class services.
Upon completion, DX will combine Legal Post and First Post with its existing DX Exchange operations in Scotland.
Petar Cvetkovic, chief executive officer of DX, said: “We are pleased to announce that we have agreed terms to acquire Legal Post and First Post, both of which are well-established operations that will enhance our customer offering.
“These businesses are wholly complementary to DX’s operations in Scotland and they will be stronger together for both sets of customers, increasing the number of members in a single Scottish exchange network and providing Legal Post’s members with access to DX’s existing members in the UK and Ireland.
“We look forward to delivering a smooth transfer of Legal Post and First Post’s operations to our facility in Livingston over the coming months.”