E-commerce and specialist mail delivery business The Delivery Group has seen a 61% increase in turnover following its acquisition of international e-commerce company P2P Mailing.
The Warrington-headquartered firm achieved sales of £200m in the 12 months to December 31 2016, up from £124.1m the year previous.
Private equity-backed The Delivery Group, which comprises Secured Mail and CMS Network, added P2P Mailing to its portfolio in October 2016.
The company said P2P’s international tracking offer, TRAKPAK, was a “key reason” for the acquisition. The service covers more than 200 countries.
The Delivery Group is now forecasting a turnover of £235m in 2017 despite potentially difficult market conditions triggered by Britain’s exit from the European Union.