Absolutely: Acquisition and Integration of MayDH Limited. The acquisition includes the international courier, freight, UK overnight and same-day operations of the business. This transaction follows the Company’s two acquisitions last year of Destinations Green announced in July 2016 and Creative Cars & Couriers in September 2016.
Absolutely has integrated the MayDH team, who have a wealth of complementary experience within the international distribution market. Their clear expertise in this area is already proving valuable to the Group. The Company intends to integrate the operations of MayDH into its Heathrow operations during Summer 2017.
Jeremy Thompson, Managing Director of Absolutely says:
“I am delighted we have acquired such a reputable and well established business. This acquisition will add significant revenue to our Group as well as a wealth of knowledge and experience to our international operations. We have been completely committed to ensuring a smooth transition for all involved and I am pleased to report the integration of MayDH is progressing extremely well.
The acquisition of MayDH is underpinned by our business strategy to grow significantly over the coming years. Our customers remain our utmost priority and we will continue to offer unrivalled International, Sameday, UK Overnight and Passenger transport services.”
Absolutely is a family run business with a heritage stretching back to 1865. The business has an annualised turnover of more than £20m and employs circa 150 people across its four London locations. Absolutely now comprises over 100 passenger cars, 150 couriers and more than 5000 corporate accounts ranging from well-known fashion brands to law firms. Absolutely previously worked under brand names such as Mach 1 Couriers and A-Z couriers. The Company re-branded all of its services to become Absolutely in 2016.
The Company provides the following services:Same day delivery Next day delivery International delivery Executive Cars, contract drivers and van hires