United Shipping Buys Courier
A Minnesota-based company that manufacturers package shipping kiosks and recently started its own courier business has agreed to buy Corporate Express Delivery Systems.
Corporate Express Delivery Systems, a subsidiary of office supply distributor Corporate Express of Broomfield, Colo., has annual revenue of more than $600 million and operates more than 200 offices in the U.S., Australia, Canada, France, Hong Kong and the United Kingdom.
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The deal will make United Shipping & Technology of Minneapolis the largest same-day delivery firm in the United States and one of the largest in the world.
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Divestiture of the courier business was one of the conditions attached to the pending sale of Corporate Express to Dutch office products distributor Buhrmann N.V. of Amsterdam.
