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.
Over the past 15+ years, our client has built a successful business providing a range of commercial cleaning and soft services to its contracted and growing client base. Working predominantly within the commercial and industrial sector, our client ma...
Fantastic opportunity to acquire a well established agency providing temporary labour solutions in a specialist area within the construction/FM sectors.
An innovative 360-degree events production company and entertainment agency. A market leader in the music, performance and events industry.
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.