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CityLink sold for £1
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PZH
Posts: 1,599 Forumite

"Pest control company Rentokil Initial has sold its parcel delivery firm City Link for £1, after years of losses."
http://www.bbc.co.uk/news/business-22335092
I think Better Capital paid too much :rotfl::rotfl:
http://www.bbc.co.uk/news/business-22335092
I think Better Capital paid too much :rotfl::rotfl:
“That old law about 'an eye for an eye' leaves everybody blind. The time is always right to do the right thing.”
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This did make me chuckle.....what did they expect all those small business owners do to, just accept the the continued missed collections and not hot foot it to City Links competitors.
Just a shame the same management structure is remaining. Time for new blood l feel.
Rentokil acquired City Link in 2006, but City Link has lost money since 2007, including £26m in 2012.
It has struggled in the face of weakening demand for its services from small businesses.0 -
City Link were just terrible at times. So many deliveries were late for us or never turned up - we nearly lost a few contracts because of them and instead had to physically send one or two of our lads out to suppliers to pick stuff up."If you no longer go for a gap, you are no longer a racing driver" - Ayrton Senna0
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They were terrible, still about time companies like this see bad service equals no customers.No you're not a vegetarian if you eat any animal or fish, so do not insult genuine veggies by calling yourself one! :mad:
Thanks to everyone who posts competitions. You are the stars of the board :T:j:T0 -
Sold for a pound,thats ok as long as it is not being delivered by Yodel.Political?....I dont do Political....well,not much!0
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City Link are not known as Sh!tty Link for nothing.
So how do you polish a turd?The man without a signature.0 -
If Citylink is worth £1, what would that value Yodel?0
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There isn't a coin small enough!0
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You'd have to pay me to take Yodel off their hands.0
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and customers must realise cheap/free deliveries don't always get you the best carriers
True but I'd rather pay for delivery and get better service to be honest.No you're not a vegetarian if you eat any animal or fish, so do not insult genuine veggies by calling yourself one! :mad:
Thanks to everyone who posts competitions. You are the stars of the board :T:j:T0
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