Moore Stephens' Corporate Finance team advises on the sale of Import Services Ltd

The transaction
Our Corporate Finance team advises on the sale of Import Services Ltd, the UK’s leading port centric logistics business, to Xpediator plc.

Import Services is the UK’s leading port centric Third Party Logistics (3PL) Company. Operating from three warehouse facilities at the Port of Southampton, Import Services provides multi-channel retail and value added services to a blue chip client base across the toy, leisure and consumer goods sectors. These services include storage, pick & pack, labelling, forwarding, bonded warehousing, transport management & returns management.

Our role
Our Corporate Finance team acted as exclusive financial adviser to the shareholders of Import Services in the sale of the company. We advised the shareholders through a structured approach to the identification of, approach to and negotiation with interested parties. Import Services was acquired by Xpediator plc, an Alternative Investment Market (AIM) listed and highly acquisitive provider of freight management services across the UK and Europe.

Philip Bird, Corporate Finance Partner, who led the project comments: “Import Services is a hugely successful business and without doubt the leading supplier of logistics services to the toys and leisure sectors in the UK. It was a pleasure to work with the shareholders of the company, who will continue with the business after the transaction, and I have no doubt that under the ownership of Xpediator, Import Services will continue to expand and develop.”

For more information on our Corporate Finance team or this project, please contact Philip Bird or Brian Keane.
 

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