Corporate Finance Deal - The Delivery Group

27th March 2019
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Bishop Fleming provided corporate finance and tax advice on a major national deal in the postal sector, which has seen The Delivery Group acquire 100% of the share capital of ONEPOST (Postal Choices Ltd).

The enlarged group, bringing together the two market leaders in the mail and ecommerce sectors, will have a combined annual turnover of £250 million, employ 500 staff across seven locations and manage almost a billion items of mail and packages per annum, both in the UK and internationally.

Bishop Fleming advised on deal structure, working capital targets and related tax issues.

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