Friday, June 18, 2021

Acquisition sees Clipper expand presence in life sciences market

Clipper Logistics has acquired Wippet Ltd as the Leeds-based logistics firm looks to grow its presence in the life sciences market.

The firm said that it will launch “an online B2B marketplace to service the broader health care sector in the UK” via Wippet in September 2021.

Clipper will initially target the “fragmented elderly care market” which is worth up to £2.5 billion per year.

“Additionally, we have entered the life sciences sector in support of the NHS and care sectors, providing fulfilment of vital supplies,” said Clipper Executive Chairman, Steve Parkin.

“The uniqueness of our full end to end solutions combined with our agile and able culture has accelerated our contract wins in the UK and Mainland Europe which is testament to our expertise and execution of our strategy.

“We are very well positioned to further accelerate growth by capitalising on the structural shift to online and to position Clipper as a global e-commerce and retail logistics enabler.”

The announcement comes as the firm unveils its latest financial results. It said that it expects revenue for the year to surpass the half a billion pound milestone it achieved last year by 39%.

A message from the Editor:

Thank you for reading this story on our news site - please take a moment to read this important message:

As you know, our aim is to bring you, the reader, an editorially led news site and magazine but journalism costs money and we rely on advertising, print and digital revenues to help to support them.

With the Covid-19 pandemichaving a major impact on our industry as a whole, the advertising revenues we normally receive, which helps us cover the cost of our journalists and this website, have been drastically affected.

As such we need your help. If you can support our news sites/magazines with either a small donation of even £1, or a subscription to our magazine, which costs just £31.50 per year, (inc p&P and mailed direct to your door) your generosity will help us weather the storm and continue in our quest to deliver quality journalism.

As a subscriber, you will have unlimited access to our web site and magazine. You'll also be offered VIP invitations to our events, preferential rates to all our awards and get access to exclusive newsletters and content.

Just click here to subscribe and in the meantime may I wish you the very best.




Latest news

Related news

By continuing to use the site, you agree to the use of cookies. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close