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.
The company was Established in 1982, providing an honest and reliable service at all times, and is proud to be recognised as a highly reputable Car Garage in Maidstone. Providing car servicing to all makes and models of vehicles such as: Dent removal...
LEASEHOLD
The business is a very well-established car sales, repair, MOT, tyre and servicing specialist, offering an ideal location with 2 large buildings separated into 4 main sections, offering much scope for further expansion and development. The site is hi...
LEASEHOLD
The business is split into two sectors, with two separate sites. The first site is an Mot and repair garage specialising in class 3,4, 5 and 7. The business is also set up for class 1 MOT’s. There is a second site which is also included in the price...
LEASEHOLD
|
20
|
|
Aug
|
EAG construction business snapped up by Elaghmore | BUSINESS SALE
English Architectural Glazing Limited (EAG) has been snapped...
|
19
|
|
Aug
|
Childcare entrepreneur boosts portfolio with Liverpool acquisition | BUSINESS SALE
The Griffin Nursery, a children’s day nursery in Bootl...
|
15
|
|
Aug
|
Payroll and HR companies acquired by software group | BUSINESS SALE
IRIS Software Group has finalised the agreement of intent to...
Sign up to receive our acquisition alert emails to get your FREE guide
Business Sale Report is your complete solution to finding great acquisition opportunities.
Join today to receive:
All this and much more, including the latest M&A news and exclusive resources