16 DEALMAKERS
CONTINUING ON THE ROAD TO GROWTH
Transport group EFS Global has continued on the acquisition trail with its biggest deal so far - a group of parcel specialists generating more than £30m in annual revenues.
The ambitious Burnley-headquartered organisation has completed the purchase of YDL, Leeds Parcel Company and Pass the Parcel.
The group of companies service the pallet and parcel distribution sectors across five sites within North and West Yorkshire.
This acquisition, announced in January, adds a further three trading companies to the 23 acquisitions the group has made since 2015.
This also takes the EFS site tally up to 40 premises throughout England and Scotland.
It is the latest in a long list of acquisitions made by EFS Global over recent years. As is standard for the group and its ‘buy to build’ approach to growth, it plans to implement a ‘business as usual’ approach.
That means a strategy of building on what has already been achieved as well as learning from the newly acquired group’s senior management team.
The day-to-day running of the companies will remain in the hands of the existing senior leadership teams with Jordan Kellett, director
of EFS Global, overseeing things from a wider group perspective. Jordan, who also led this latest deal process, said: “We begin 2024 with the incredibly exciting acquisition of these well- known and reputable companies.
“I am thrilled that we have managed to get our largest acquisition to date over the line, plugging some key areas of the country in North and West Yorkshire.
“We are not only acquiring well-known and reputable companies, but an extremely experienced team of people that I am excited to work with on both their own companies and the wider group.”
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