Moore Stephens' Corporate Finance team has advised Allport Cargo Services Ltd, one of the UK’s largest independent logistics and freight forwarding companies, on the sale of Allport Packaging Ltd, its specialist export packaging subsidiary.
Allport Packaging is a leading provider of innovative, high-value added packaging solutions.
The company’s focus is within the export packaging market and has longstanding high-quality client relationships in the automotive, aviation, defence, medical and motorsport sectors. The company was considered non-core to Allport Cargo Services’ strategy of developing its global logistics and forwarding activities.
The company generated a high-degree of interest, and through a competitive process, was sold to Neal Brothers Ltd, a Midlands-headquartered UK leader in specialist packaging for high-value goods.
Philip Bird, corporate finance Partner at Moore Stephens commented: “Allport Packaging is a high-quality business and there is no doubt that under the new ownership of Neal Brothers, the business will continue to grow and be successful. It was a pleasure to work with the team at Allport Cargo Services”.
Moore Stephens' role
The Moore Stephens Corporate Finance team acted as exclusive adviser to Allport Cargo Services. We advised through a structured process involving identification of and negotiation with a number of interested parties. Following the agreement of terms with Neal Brothers, Moore Stephens worked alongside all parties and advisors, project managing the transaction through to completion.
For more information on the Moore Stephens Corporate Finance team or this project, please contact Philip Bird
, Ish Alg
, or Sandeep Banga