DX acquires HBC Logistics in first deal under new CEO

DX has announced the acquisition of HBC Logistics, a logistics and same day services provider based in Bedfordshire.

The acquisition comes six months after Ian Truesdale was appointed chief executive of DX on 1st July 2025 by its parent company, H.I.G. Capital, and marks the first step in the group’s next phase of growth under the new leadership team.

Founded in 2017, HBC Logistics provides rapid and scheduled logistics services including warehousing and fulfilment, palletised freight, same day courier services and international shipping.

The business is headquartered at Stratton Business Park in Biggleswade, operating from a 62,000 sq ft facility, with additional support centres in Hertfordshire, Cambridge and London. Its operations cover the South East, West Midlands and East Midlands, supported by a mixed fleet ranging from small vans to articulated HGVs.

HBC is a platinum-rated member of both the United Pallet Network and Palletforce, works with a number of global carriers and has strengthened its sustainability credentials in recent years, including a partnership with Carbon Neutral Britain.

Ian Truesdale, chief executive of DX, said: “We’re delighted to welcome the team at HBC Logistics to DX. They bring valuable operational capability and sector experience as we continue to evolve the business, particularly across our DX Fulfilment and DX SameDay propositions.

“This acquisition marks the next phase in DX’s expansion and development. It reflects deliberate choices about where we invest and how we grow, both organically and through future acquisitions.

“DX turned 50 last year, and we are now moving forward with intent, investing in our services, developing our people and delivering greater value for our customers. Bringing HBC into the business is an early example of that direction in action.”