Business Post Group Plc

BXT Couriers has been acquired by Business Post Group. BXT is a value added courier specialising in collecting and delivering samples specifically for the water industry.

The acquisition of BXT provides Business Post with an entry into the technical courier market as a value-added addition to the Group’s own expanding courier business, UK Today.  BXT will be developed alongside the Group’s other business units and will provide further cross-selling opportunities across the Group’s enlarged customer base.

Commenting on the purchase, Business Post Chief Executive Paul Carvell said, “18 months ago we embarked on a strategy which included possible acquisitions in markets that complemented the Group’s services. BXT is a high quality business providing solutions for some well-known organisations in the IT, utilities and medical sectors.  We can now give the company the backing it needs to develop further and we can introduce BXT’s services to our customers.”

The acquisition originated from a retained search carried out by us and we acted as advisers to Business Post on the transaction. Mike Simson said “We are particularly pleased to be associated with this deal, the first by our client since Business Post was listed on the London Stock Exchange in 1993.”