UK Mail to be acquired by Deutsche Post for approximately £242.7 million
Travers Smith LLP has advised UK Mail Group plc, one of the largest integrated mail and parcel operators within the UK, in relation to the recommended cash offer made by Deutsche Post AG to acquire the entire issued and to be issued ordinary share capital of UK Mail.
UK Mail was founded in 1971 by the current Chairman, Peter Kane, originating as a taxi firm in Harrow and which has now evolved into a national network offering same day courier and overnight parcel delivery both locally and worldwide with more than 50 sites, 2,800 employees and 2,400 vehicles.