Does parcelforce belong to royal mail

Parcelforce is a subsidiary of Royal Mail, the UK's national postal service. In other words, Parcelforce is a part of the Royal Mail group, but it operates as a separate business unit.

Parcelforce was established in 1966 as a separate parcel delivery service to complement Royal Mail's letter delivery business. Over the years, Parcelforce has grown to become one of the largest parcel delivery companies in the UK, offering a range of services including domestic and international parcel delivery, freight, and logistics.

Although Parcelforce is a subsidiary of Royal Mail, it operates independently and has its own management structure, fleet, and network of depots and delivery offices. However, Parcelforce does share some resources and infrastructure with Royal Mail, such as sorting offices and delivery routes.

In 2012, Royal Mail floated on the London Stock Exchange, and Parcelforce remained a subsidiary of the company. Today, Parcelforce continues to operate as a key part of Royal Mail's parcel delivery business, offering a range of services to individuals and businesses across the UK and internationally.