Some time last Autumn, the boutique investment manager Woodberry Capital and the private equity house MML, who together owned nearly the entire share capital of Parcel Connect Ltd, began to talk to potential buyers for the business. The company operates both Fastway Couriers and the network of retailers offering delivery collection services under the Parcel Connect brand. They were armed with a set of figures unknown to outsiders until now. Accounts for Parcel Connect Ltd for the year ended on March 31, 2021 show just how much the business expanded following the onset of Covid-19 just one year earlier. Parcel…
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