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In December 2024, the UK Labour government approved the £3.6bn sale of International Distribution Services (IDS) to EP Group, marking the first time the 508-year-old postal service came under foreign ownership. The deal, reviewed under national security laws, included commitments to retain the universal service obligation, UK headquarters, and ...
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In October 2021 GLS acquired the Canadian logistics company Mid-Nite Sun Transportation Ltd, operating under Rosenau Transport, further expanding into the Canadian market. [8] In 2022 Royal Mail plc was renamed as International Distributions Services plc; together with Royal Mail Group Ltd, GLS Group became a subsidiary of IDS plc. [9] [10]
Parcelforce Worldwide is a courier and logistics service in the United Kingdom. Parcelforce Worldwide is a trading name of Royal Mail , which is a subsidiary of International Distribution Services , [ 1 ] and is organised within the UK Parcels, International and Letters division of the group. [ 2 ]
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Martin Seidenberg (born 1973) is a German business executive, and the CEO of International Distributions Services, the parent company of Royal Mail, and started the role in August 2023.