Parslows International has acted for the Jersey Post Group in its latest cross-border transaction, with the recent completion of Jesey Post's investment in parcel delivery service firm Parcel Monkey.
DLA Piper acted for Parcel Monkey on the transaction.
This is the latest in Jersey Post’s acquisition and investment strategy outside Jersey, and the final piece of its ecommerce platform bringing together its global network and service providers in one location.
In 2016, Parslows acted for Jersey Post on its acquisitions of UK-based European logistics provider Fraser Freight and customs clearance agent HICS, located at Heathrow.
In 2017, Parslows assisted Jersey Post with its investments in Miami-based GePS, Estonia-based GTS Post and Hong Kong-based A2B.
Parslows also acted in 2017 for Jersey Post on its investment in HomeCall – a joint venture to develop, implement and deliver the Call & Check service in Jersey and further afield.