DX, a leading provider of logistics solutions across parcel, freight, document, fulfilment and final mile, has acquired HBC Logistics Ltd (“HBC Logistics”), a logistics and same day services business based in Bedfordshire, in a deal that completed on 6 January 2026.

The acquisition comes just six months after the appointment of Ian Truesdale as CEO on 1 July 2025 by DX’s parent company, H.I.G. Capital, which is a global investment firm with seventy billion of assets under management. It marks the first step in the company’s next phase of growth and reflects the leadership’s ambitions to scale and evolve DX.

HBC Logistics delivers rapid and scheduled logistics solutions, offering warehousing and fulfilment, palletised freight, same-day courier services and international shipping. It was founded by Ben Weldon and Dave Northfield and is headquartered at Stratton Business Park in Biggleswade, forty miles north of London. It runs a 62,000 sq ft facility at its HQ and has additional support centres in Hertfordshire, Cambridge and London. HBC’s footprint spans the South East, West Midlands and East Midlands. It is also a Platinum-rated member of the United Pallet Network and Palletforce, and partners with a number of global carriers. HBC has focused strongly on sustainability, partnering with Carbon Neutral Britain, the UK’s leading carbon-offsetting initiative. It was also a double Eco-Decarbonisation winner at the National Courier Awards, 2022 &2024 and has been engaged in delivering Government-recognised apprenticeship qualifications for Express Delivery.

Ian Truesdale, Chief Executive Officer of DX, commenting on the acquisition said:

‘We’re delighted to welcome the team at HBC Logistics to DX. They bring valuable operational capability and sector experience as we continue to evolve the business, particularly across our DX Fulfilment and DX SameDay propositions.’

“This acquisition marks the next phase in DX’s expansion and development. It reflects deliberate choices about where we invest and how we grow, both organically and through future acquisitions. DX turned 50 last year, and we are moving forward with intent, investing in our services, developing our people and delivering greater value for our customers. Bringing HBC into the business is an early example of that direction in action.”

Will Wright, Chief Financial Officer of DX, added:

‘This acquisition is an excellent fit and natural commercial progression for both DX and HBC. HBC has built a disciplined, high-quality operation that complements our services portfolio and will underpin efficient growth in key regions. This is exactly the kind of targeted, strategic investment we are committed to making as we scale the business.”

Ben Weldon, Director of HBC Logistics, said:

“DX is passionately committed to serving its customers’ needs and, culturally, we share the same values. This makes for a very good union. We have been impressed by DX’s growth trajectory and are excited by their ambitious plans for expansion. We look to the future with confidence.”

Dave Northfield, Director of HBC Logistics, added:

“This next step with DX brings many opportunities for our team, our customers and the future of the business. We’re proud of what we’ve built at HBC and joining DX means we can keep building, now with even greater scale and support behind us.”

Ben Weldon HBC & Steve Bescoby, MD Logistics & SameDay at DX Group, HBC Dave Northfield

HBC win 2024 Eco de-carbonisation National Courier Award

IOC VP Sir John Hayes, HBC Ben Weldon, IOC President Lord Patrick Mclouchlin