Secured Mail plans £5m investment
Secured Mail, the wholesale mail and packet operator, has secured a further £5 million funding from Next Wave Partners, to support its expansion plans in 2014. The funding supports the development of its 75,000 sq ft automated mail hub at Luton. The hub is alreadyoperational and assisted with the peak Christmas period, and the funding will be used to enhanceservices. The company was established in 2006 and now has a turnover of £79 million. Customers include Amazon, Debenhams, Ann Summers and City Link. Further investment will also be made in automation and infrastructure over the next fewmonths for improved packet sortation at Secured Mail’s Warrington site, as well as Luton. CEO of Secured Mail, Mark Bigley, said: “The technology and processes that we are introducing atLuton will ensure that we are able to maintain the reliability and supreme quality of ourservice, while successfully growing the business and capitalising on significant ecommercegrowth opportunities this sector offers.”
Source: logisticsmanager.com
Portal: logistik-express.com