Burnley freight business driving forward with ambitious acquisition
A Burnley business has pulled off an exciting buyout as it steps up its ongoing growth strategy.
In an ambitious move, Burnley-based EFS Global has acquired AFI UK Limited for an undisclosed sum.
Headquartered at the World Freight Terminal in Manchester, AFI UK provides freight forwarding and logistics services – both in the UK and internationally.
EFS Global is one of the North West's largest import/export and haulage groups. It now has 12 depots and offices across the country and operates its own UK and European road freight fleet alongside international freight forwarding services, including customs clearances. This deal is another major step of the firm’s ongoing growth strategy.
Mark Jones, managing director of EFS Global, saidd: “Our acquisition of AFI UK is another step forward in our expansion plans. The business is a perfect fit and is a great addition to our group as we continue to focus on growing our reach and market share.”
Davis Blank Furniss advised EFS Global on all aspects of the transaction including legal due diligence and transactional matters. The team was led by Sonio Singh who is a partner and head of the corporate department, with support from Lauren Sever.
Sonio Singh added: “Once again we were thrilled to assist the EFS Global team secure a key acquisition in its exciting growth strategy.”