UK parcel delivery firm Yodel acquired by Shift consortium, saving it from administration, securing thousands of UK jobs.
Yodel, a UK parcel delivery firm, has been acquired by a consortium led by rival operator Shift, in a deal that has saved the company from administration. The consortium, YDLGP, also includes Jacob Corlett, the founder of logistics firm Shift, and investment bank Solano Partners. The acquisition will secure the future of "thousands of UK jobs" at Yodel, according to the new buyers.
14 months ago
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