Jersey Post has announced the acquisition of customs broker HICS Worldwide – based at London Heathrow Airport. The acquisition will support Jersey Post’s current business development plans for market growth, both on and off-island.
HICS will provide invaluable support for Jersey Post’s fulfillment customers and will help existing businesses to expand into new, overseas markets, as well as support new entrants in achieving their trading objectives and goals.
In addition, the acquisition will complement the purchase of Fraser Freight, a premium European logistics freight services company, which enables Jersey Post to offer complete, international trading routes into and out of European and international destinations.
Tim Brown, chief executive at Jersey Post, said, “The trend and preference for online shopping continues to grow, with individuals now seeking to shop globally, not just in their home country. Jersey Post sees international customs clearance as a critical enabler for the successful provision of worldwide end-to-end, cross border solutions. Our investment in HICS enables us to further extend the range of products and services we offer to Jersey-based businesses wishing to trade globally, but also allows us to reach those internationally-based organizations that wish to do business with Jersey.”
HICS Worldwide was established in 1988 and was one of the first independently owned customs brokers to offer a complete brokerage package for courier, airfreight and sea freight arrivals in the UK. Following 28 years of trading, the organization currently has full clearance facilities at London Stansted, London Gatwick and London Heathrow airports. Jersey Post plans to retain all existing staff at HICS.
Paul Burness, managing director at HICS, said, “We are delighted with the progression of the company sale. The acquisition represents a fantastic opportunity for HICS to continue to build on our 28 years of trading experience and success. Our mutual desire for business growth in new markets is something that we’re very much looking forward to working on with our new colleagues within the Jersey Post Group.”
December 16, 2016