Tue, 18 Jul 2023 | BUSINESS SALE
Northampton-based logistics company Crisis Logistics has completed the acquisition of palletised goods delivery firm Action Express. The target company is a member of the APC Overnight parcel delivery network, as well as the national Pallet-Track network of independent hauliers of palletised goods.
Crisis Logistics was founded in 1998 as a same-day delivery specialist and has expanded its service offering to include national and international road haulage, warehousing and fulfilment. Through its ongoing growth strategy, the company is seeking to become “the market leader and one-stop shop for all logistics services in Northamptonshire.”
According to chairman Charles Grant-Salmon, the acquisition will enable the company “to provide a full range of logistics services across pallets, parcels and general haulage, in addition to specialist services like temperature-controlled delivery and secure distribution.”
Managing director Edward Grant-Salmon added that, with customers seeking to expand and diversify their operations, the acquisition would allow Crisis to offer them more flexible solutions.
Edward Grant-Salmon added: “In recent years, we have invested heavily in building a Customer Relationship Management system to improve efficiency and speed up processes, which has ensured we are in a strong position to grow while also maintaining the quality of service that is so important to our customers.”
Post-acquisition, Crisis Logistics plans to retain Action Express’ depot at Brackmills Industrial Estate and make further investments in the site and its facilities as it looks to increase the volume of pallets and parcels that the depot handles. Crisis has already bought Action Express 10 new vehicles, including seven articulated lorries and three 18-tonne trucks.
The deal will also see Action Express founder Syed Ziaullah join Crisis Logistics’ board of directors, with Charles Grant-Salmon commenting that this would help to facilitate a smooth integration.
The deal comes amid a period of sustained M&A activity in the logistics sector, with owners using acquisitions to help them diversify their services, grow scale, expand geographically and improve their uptake of technology.
An established company specialising in forklift truck hire, sales, servicing, and training is available for acquisition, offering a strong foothold in the industry.
An excellent opportunity exists to acquire a well-established and accredited printer hardware and print managed services business with a history of successful and profitable trading.
Explore the opportunity to acquire a well-established recruitment agency located in Yorkshire, boasting a robust client and candidate network.
03
|
Jul
|
Energy services firm completes third acquisition | BUSINESS SALE
Energy services firm Earnz plc has completed its third acqui...
03
|
Jul
|
Newcastle life sciences firm falls into administration and ceases trading | ADMINISTRATION
AMLo Biosciences, a life sciences firm based in Newcastle, h...
03
|
Jul
|
Matthew Freud exploring possible sale of eponymous PR consultancy | BUSINESS SALE
Leading public relations executive Matthew Freud (pictured) ...
Business Sale Report is the complete resource for finding genuine acquisition opportunities.
Join today to receive:
All this and much more, including the latest M&A news and exclusive resources
Please choose your settings for this site below. For more information please read our Cookie Policy
These cookies are necessary for our website to function properly and provide you with access to all features.
These are analytics cookies that help us to improve the way our website works.
These are used to improve the functional performance of the website and make it easier for you to use.