26. September 2019 | Press release
GeoPost / DPDgroup takes a stake in the capital of TIPSA
Madrid, 26 September 2019 – GeoPost / DPDgroup, current majority shareholder of SEUR, and TIPSA have reached an agreement for the entry of the French group in the capital of the urgent transport company and in the agencies linked to its shareholders. The operation is pending approval by the competition authorities.
Integrated into DPDgroup, both companies SEUR and TIPSA will operate with the current staff as two independent brands, a common practice for DPDgroup, present in countries such as France and the United Kingdom with two different brands.
According to Yves Delmas, Executive vice-president Europe of DPDgroup, this operation represents
“a growth opportunity, considering the synergies between both companies and their acknowledged quality of service in the courier express delivery market”.
For María Luisa Camacho, Managing Director of Tipsa,
“this agreement will allow DPDgroup and Tipsa to boost their international development, improve their offer in some specific sectors such as healthcare and food, complete their out-of-home delivery network Pickup and Yupick! for managing the e-commerce deliveries, and improve the commercial and operational coverage of solutions for large, medium and small companies ”.
DPDgroup is Europe’s second largest parcel delivery network.
DPDgroup combines innovative technology and local knowledge to provide a flexible and user-friendly service for both shippers and shoppers. With its industry-leading Predict service, DPDgroup is setting a new standard for convenience by keeping customers closely in touch with their delivery.
With more than 75,000 delivery experts and a network of more than 42,000 Pickup points, DPDgroup delivers 5.2 million parcels each day through the brands DPD, Chronopost, SEUR and BRT.
DPDgroup is the parcel delivery network of GeoPost, which posted sales of €7.3 billion in 2018. GeoPost is a holding company owned by Le Groupe La Poste.
TIPSA is a company specialized into door-to-door express delivery services of light parcels, courier, and documents, at the national and international levels. Among its key differentiators are the density of its network made of 270 agencies and 12 hubs, the added-value and the adaptability of its services for which the equation quality/price is critical. Tipsa is involved into Corporate Social Responsibility projects and into technological innovation in competitive sectors such as healthcare and e-commerce. Thanks to its core values and solid growth, TIPSA has positioned itself in a short period as a leading company of the sector.