The Delivery Group, which is based in Warrington, has taken over a provider of e-commerce distribution services to clients including the Hut Group and ASOS in a private equity-backed deal.
The group, which is the parent company of Secured Mail and CMS Network, has joined forces with P2P to create an organisation with an estimated turnover of about £200m and more than 500 employees operating from six locations.
The deal was supported by additional investment from Next Wave Partners, an existing backer of the Delivery Group.
P2P, described as one of the UK's leading international e-commerce logistics operators, employs more than 150 staff and is partnered with well-known brands including ASOS, The Hut Group and Gardners Books, providing e-commerce distribution services from its sites at Basildon and Heathrow.