Kent Logistics provider completes a successful acquisition

Thu, 21 Mar 2019 | BUSINESS SALE



A Kent-based personalised logistics provider, backed by Livingbridge private equity firm, has successfully acquired a counterpart, allowing the company to expand its operations both in terms of capacity and geography.

Carousel Logistics has snapped up BDA Logistics Innovation, which trades in Birmingham, Dublin, Frankfurt and Maastricht. It delivers specialist services through its Gateway technology platform to high-performance clients in industries across the country and Europe.

As a result of the acquisition, Carousel is set to grow by more than 50 per cent by extending its portfolio of services and transport lanes.

Graham Martin, Carousel Logistics’ chief executive and co-founder, said: “As the demand for service-logistics continues to grow, it is important that we continue to provide the right technology, network and services that our clients need. With an impressive client portfolio and high service levels we have admired DBA for some time, particularly because they share in our belief for delivering exceptional service solutions for situations.

“In coming together, we have completed a critical step in achieving our goal of becoming Europe’s leader for aftermarket solutions and technology”

Corporate finance advisers GCA Altium advised Carousel’s shareholders on the acquisition process.

Its managing director, Adrian Reed, commented: “This acquisition is a perfect case study in using selective M&A to strategically grow a group.

“Carousel is a market-leader in its field, using a differentiated technology platform to provide a service that high-performance manufacturers cannot provide in-house, and with the addition of BDA, Carousel has bolstered its European capabilities. It has been a pleasure working with the Carousel management team and Livingbridge, and we look forward to their future success.”

For more news stories about acquisitions, click here. For all our business for sale listings, click here.


Share this article



Latest Businesses for Sale

Estate Maintenance & Cleaning Services
South East, UK

Independent Provider. Offers a comprehensive range of professional and reliable cleaning and estate maintenance services to clients throughout the South East. Works closely with its clients, undertaking all aspects of estate maintenance and commercia...

Asking Price: Offers Invited
Turnover: £440,177

LEASEHOLD


Courier Business
UK Wide

Long-established courier business, which has an excellent reputation for providing a bespoke and rapid response service to its loyal client base. Established 20 years+. Excellent reputation for speedy, flexible and efficient service, 365 days of the...

Asking Price: Offers Invited
Turnover: £600,000

LEASEHOLD


Pest Control Solutions
South East, UK

Offers professional and humane pest control solutions, helping clients throughout the South East maintain pest-free environments. Sources ethical, effective and competitively priced solutions, which meet its clients’ requirements. Offers invited.

Asking Price: Offers Invited
Turnover: £576,745

FREEHOLD



View more businesses for sale

News Search

Latest News

 
10
 
Jul
 

Mobile phone supplier and recycler goes into administration | ADMINISTRATION

Mobile phone refurbishment company Redeem UK has gone into a...

 
09
 
Jul
 

John Lewis to close eight stores as COVID-19 accelerates shift to online | BUSINESS NEWS

Department store chain John Lewis has said that eight of its...

 
09
 
Jul
 

Chancellor cuts VAT on hospitality as part of £30 billion rescue plan | BUSINESS NEWS

Chancellor Rishi Sunak has announced a £30 billion pla...

Free guide: 10 Biggest Buyer Mistakes

Sign up to receive our acquisition alert emails to get your FREE guide

Email


Want access to the latest businesses for sale?

Business Sale Report is your complete solution to finding great acquisition opportunities.

Join today to receive:

  • Comprehensive range of businesses for sale
  • Make direct contact with business sellers or their intermediaries
  • Access to all UK administrations, liquidations and winding-up petitions
  • Daily email alerts for the latest businesses for sale & distressed notifications
  • Business Sale Report publication posted to you every month
  • Advertise your acquisition requirements on our "business wanted" section

All this and much more, including the latest M&A news and exclusive resources