Davis Blank Furniss has acted for Burnley-based EFS Global on its acquisition of AFI UK Limited for an undisclosed sum. Headquartered at the World Freight Terminal in Manchester, AFI UK provides bespoke 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 twelve 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.
The team at 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.
Mark Jones – MD of EFS Global – commented: “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.”
Sonio Singh added: “Once again we were thrilled to assist the EFS Global team secure a key acquisition in its exciting growth strategy.”
The deal follows a number of other acquisitions made by EFS in recent years including Euro SDB, CS Brunt Freight Services, Horizon Distribution, Bradtrans International, Euro-Tran Despatch, JRS Traction, PDQ Specialist Courier Services, FWD Freight Services and Caistor Distribution.