Shift Group, which offers on-demand delivery services using independent drivers, has bought Tuffnells out of administration, writes Carol Millett.
Announcing the deal, the tech-based firm said it is looking at re-opening some of Tuffnells’ 33 depots and employing some of its former staff.
Shift Group, which is based in London and counts both Ikea and Homebase among its clients, has acquired the company via an asset purchase of its IP, brand and selected assets, for an undisclosed amount.
This is the company’s fourth acquisition, since launch, having bought Courier Direct, JLF Moving Solutions and tech firm Techlogico in 2021, aided by a funding round which raised £10m to fuel both acquisitive and organic growth
