Yodel saved from collapse by fast-growing rival- QHN

Yodel makes about 190 million deliveries a year and it is thought the deal will safeguard thousands of jobs.

Its chief executive Mike Hancox said the move will “ensure continuity” for employees and customers too.

Its chief executive Mike Hancox said the move will “ensure continuity” for employees and customers too.

The Liverpool-based company with 50 sites was acquired by YDLGP for an undisclosed sum.

The firm employs about 10,000 people and there had been concerns about its future as one of the UK’s biggest courier companies.

The consortium behind the rescue deal includes the founder and leadership team behind Yodel’s rapidly-growing rival Shift.

The hope is that once the deal is through, a new “super scale” logistics platform will have been created, Yodel said in a statement on Tuesday.

Its chief executive Mike Hancox said the move will “ensure continuity” for employees and customers too.

Yodel makes about 190 million deliveries a year and it is thought the deal will safeguard thousands of jobs.

The Liverpool-based company with 50 sites was acquired by YDLGP for an undisclosed sum.

Its chief executive Mike Hancox said the move will “ensure continuity” for employees and customers too.

Its chief executive Mike Hancox said the move will “ensure continuity” for employees and customers too.

The Liverpool-based company with 50 sites was acquired by YDLGP for an undisclosed sum.

The firm employs about 10,000 people and there had been concerns about its future as one of the UK’s biggest courier companies.

The consortium behind the rescue deal includes the founder and leadership team behind Yodel’s rapidly-growing rival Shift.

The hope is that once the deal is through, a new “super scale” logistics platform will have been created, Yodel said in a statement on Tuesday.

#Yodel #saved #collapse #fastgrowing #rival

Note:- (Not all news on the site expresses the point of view of the site, but we transmit this news automatically and translate it through programmatic technology on the site and not from a human editor. The content is auto-generated from a syndicated feed.))