One of the North West's largest freight and haulage groups has bought Lincolnshire-based logistics firm Caistor Distribution for an undisclosed fee.
Burnley-based EFS Global has announced the Market Rasen-based firm as its latest in a string of acquisitions, adding it to a network of 11 depots and offices around the UK.
The North West firm said the deal was "another positive step" of its ongoing growth and acquisition strategy across the country.
Predominantly based in Lincolnshire and South Yorkshire, Caistor provides specialised logistics services including pallet distribution, general haulage and warehousing – both in the UK and internationally.
Mark Jones, MD of EFS Global, said: “Despite the challenges that coronavirus has thrown up, EFS Global has continued to look for acquisition and growth opportunities over the past few months.
"Caistor Distribution is a great addition to our business and will help to drive our service offering even further.”
EFS, which also operates its own UK and European road freight fleet, works with selected partners around the world.
The deal follows a number of other acquisitions made by EFS in recent years including Euro SDB, 747 Express Freight, Logictrans UK Limited, RTS Refrigeration, Red Scar Tyres, Bradtrans International, CS Brunt, Horizon Distribution, Euro-Tran Despatch, JRS Traction, PDQ Specialist Courier Services and FWD Freight Services.
Law firm Davis Blank Furniss acted on behalf of the Burnley firm.
The team was led by Sonio Singh who is a partner and head of the corporate department, with support from colleagues Lauren Sever and Shiva Shadi and Jennifer Smith.
Mr Singh said: “We are once again delighted to assist the EFS Global team secure yet another key acquisition in its rapid growth strategy.”
