Courier firm picks up city business.
Cardiff Cycle Couriers has merged with Bristol-headquartered Priority Express, a nationwide and international courier service whose Cardiff office is at Culverhouse Cross.
But it emerged that the firm will retain its name and staff - and will continue to operate out of its Pontcanna base following the deal, completed for an undisclosed sum.
Cardiff Cycle Couriers was set up six years ago by John Higgins and Richard Lansdown to provide environmentally-friendly package deliveries in the capital and now employs 20 full and part-time couriers, using around 12 at any one time.
The company has its base on Cathedral Road, at premises it shares with its sister company The Bike Shed.
It has a client base of more than 300, including large public sector organisations such as the Assembly Government, Cardiff Council and BBC Wales. It was recently awarded the WAG contract for cycle courier work for another three years.
Priority Express is an independent courier company with regional control centres in Cardiff and Bristol. It employs 15 people at its Cardiff base.
It was founded by brothers Neil and Paul Havill in 1989, providing same-day delivery services in the Bristol area using light vans, but later expanded into overnight and international courier services for UK customers.
In 1990, Priority Express was a founder member of the National Courier Association, creating a network of courier companies with more than 60 offices throughout the UK.
Paul Havill, a director who runs Priority Express's regional control centre in Cardiff, said that the acquisition would allow Priority to offer an expanded UK-wide and international service.
He said: "This was an interesting proposition for us, offering a new dimension to our business.
"Cardiff Cycle Couriers' clients include large public sector organisations which are committed to green initiatives. We see these as having a significant role in our future development."
Mr Havill said the cycle couriers would continue to operate from Pontcanna for now, but may move to a more central Cardiff location later.