AI, robot: Tech firm Dexory lands $165m funding round Tech Autonomous warehouse intelligence firm Dexory has marked the next phase of its expansion after sealing $165m (£124m) in fresh funding. The firm, which uses autonomous robots, AI and digital twin technology, said the funding comprises $100m in a Series C equity raise alongside $65m in debt. The round was led by LTS Growth and Endeavor [...]
Big jump for Big Yellow shares as Blackstone eyes takeover bid Property Shares in Big Yellow rocketed on Monday morning after it emerged the London-listed business could be in line for a takeover from real estate investment giant Blackstone. In a statement, the self-storage firm confirmed Blackstone was “considering its position in relation to the company, which could include a cash offer for the entire issued, and [...]
InPost nearly triples UK parcel volumes after Yodel acquisition Business InPost has reported a huge boost to UK parcel volumes and revenue after its takeover of competitor Yodel earlier this year. Revenue in the UK grew 303.1 per cent year on year in the second quarter to PLN 954.2m (£193m), making it the second-largest contributor to Group revenue after Poland, which has a 27 per [...]
Evri: Boom in bedroom CEOs drives best-ever parcel deliveries July 23, 2025 Evri has delivered record results thanks to a boom in second-hand sellers sending parcels with the logistics giant. The parcel delivery company, which was acquired by private equity firm Apollo from Advent International in 2024 for £2.7bn, has revealed that its volumes increased by 11 per cent in the year to 1 March, 2025, to more [...]
Package deal: Evri to merge with DHL ecommerce arm May 14, 2025 Parcel delivery company Evri is set to merge with DHL eCommerce UK, the e-commerce logistics specialist of DHL Group, in yet another example of consolidation in the sector. The merged Evri business is set to deliver over a billion parcels and a further billion business letters annually, with 30,000 couriers and 12,000 office staff, DHL [...]
Ferrari Group picks Amsterdam for $1bn float in fresh snub to London Stock Exchange January 27, 2025 Ferrari Group, which specialises in shipping luxury goods across the globe, has announced plans for a $1bn float in Amsterdam in another blow to the London Stock Exchange. The London-headquartered company has confirmed its intention to launch an initial public offering (IPO) on Euronext Amsterdam. Ferrari Group was founded in Italy in 1959 and has international operations [...]
