Parcel Carrier Snaps Up Rival Target Express

Summary


City Link owner Rentokil Initial yesterday became the UK's second biggest parcel delivery firm after buying rival Target Express for pounds 210 million.

In a move that increases competition with market leader DHL, Rentokil will add Target's 39 branches and main hub in Coventry to its own estate of 69 branches.

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Parcel Carrier Snaps Up Rival Target Express

The combined business will handle 340,000 parcels a day.

Rentokil, which already has a major hub for its ...

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