Private equity suitors aim to wrap up £2bn parcel delivery group Evri | Business News | Sky News

Apollo and Platinum Equity are among the buyout firms which are vying for control of one of Britain’s biggest parcel delivery businesses, Sky News learns.

Sky News has learnt that Apollo Global Management and Platinum Equity are among the parties which have lodged initial offers for Evri, which is reportedly worth around £2bn.
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The auction of Evri comes as Parcelforce’s parent, the Royal Mail owner International Distribution Services, is in the process of being taken private.
On Friday, Sky News revealed that Yodel, which narrowly averted collapse this year, was raising tens of millions of pounds to strengthen its balance sheet.

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