LONDON: H.I.G. European Capital Partners LLP, a private equity firm, has received renewed letters of intent from two major shareholders of DX, a logistics company, to back its possible offer for the company. Gatemore Capital Management LLP and Lloyd Dunn, the CEO of DX, together hold about 31.6 per cent of DX’s shares and contracts…
Tag: DX
DX announces a further £3 million investment in new electric vehicles
LONDON, UK: DX, the provider of delivery solutions, including parcel freight, secure courier, and logistics services, announced a further £3 million investment in new electric vehicles, to be used exclusively for the Group’s delivery and logistics partnership with IKEA, the home furnishings retailer. This new investment will be used to add 53 new electric vans…
DX announces development of new regional hub in the East Midlands
LONDON, UK: Leading delivery solutions provider, DX, is thrilled to unveil its plans for the development of a significant new Regional Hub in the East Midlands. The proposed hub, including a new depot to cater to the local area, is estimated to cost approximately £12 million and will be financed using DX’s existing cash resources….
DX launches new exchange portal for DX Exchange network members
LONDON, UK: DX Group, a leading provider of delivery solutions, announced the launch of the new Exchange Portal for members of its DX Exchange network, widely used by the legal, financial and governmental institutions in the UK, a bourse filing noted. The new portal enables the secure digital sharing of fully-encrypted files for customers, both…