ONE OF East Lancashire's biggest haulage firms has expanded into Scotland with a new takeover deal.
Burnley-based EFS Global, which already operates across the North West has now taken ownership of Courier Connections (Scotland) Ltd.
This will see the Phoenix Way headquartered firm, which already has 13 depots across the country and operates both British and European freight fleets, take control of new facilities in Glasgow, Edinburgh and Perth.
EFS Global managing director Mark Jones said: “The acquisition of a Scotland-based entity is an exciting development for the business and will, I’m sure, be a springboard for future growth as we continue our expansion strategy across the UK.”
The firm hopes that this could signal further growth in Scotland in particular, where Courier Connections will prove to be a valuable asset, while the deal was secured thanks to advice from law firm Davis Blank Furniss.
Corporate team leader Sonio Singh said: “Once again we were pleased to advise the EFS Global team secure a major strategic acquisition as it continues to bolster its reach.”
Shareholders meanwhile, were advised by Generis Corporate Finance.
Partner Robert Stewart said: "With more than 20 years of experience in the haulage industry, Courier Connections has built a trusted reputation across the sector and will help accelerate EFS Global’s presence north of the border and beyond.
"We were delighted to work with Addleshaw Goddard on another successful transaction together and wish EFS and Courier Connections all the best for the next phase of growth.”
The deal comes after a busy period for the Burnley firm and follows a number of other acquisitions made by EFS in recent years including Euro SDB, CS Brunt, Bradtrans International, Horizon Distribution, Euro-Tran Despatch, JRS Traction, PDQ Specialist Courier Services, FWD Freight Services, Caistor Distribution, AFI UK Ltd and Austin Wilkinson & Sons Ltd.
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