H.I.G. Capital reaches agreement to acquire DX Group for £314.8 million

LONDON, UK: Transit Bidco Limited, an indirectly wholly-owned subsidiary of funds advised or managed by H.I.G. Capital LLC reached agreement on the terms of a recommended cash acquisition to acquire DX Capital Group, according to a notice. Under the terms, each DX shareholders will be entitled to receive 48.5 pence/share valuing DX’s entire issued and…

DX Group launches new express depot in Middlesbrough

LONDON, UK: DX Group has launched a new depot in Middlesbrough, continuing its expansion strategy. DX Group is a leading provider of delivery solutions including parcel freight, secure, courier and logistics services. The new depot, located in Riverside Park Industrial Park, replaces a smaller site in Hartlepool, and will become the centre of operations in…