Postal services firm launches third expansion initiative

INDEPENDENT postal services company, CityPOST has announced its third major expansion initiative in the space of a month, with its acquisition of the Cork-based company Document Express Postal Service (DEPS) for an undisclosed sum.

This move follows on from CityPOST’s acquisition, last month, of Publicity Mailing — one of the largest direct mail distribution companies in the country — and the announcement of the addition of another 180 jobs over the next 18 months.

Currently, City POST — which markets itself as a low-cost alternative to An Post — is the largest independent postal services company in Ireland with a staff of 188, up from 20 10 years ago.