Our Corporate team has acted for Burnley-based EFS Global on its acquisition of FWD Freight Services Limited. The value of the deal has not been disclosed. FWD Freight Services is based in Liverpool, is AEO and ISO9001 accredited and provides a variety of sea, rail, road and air freight forwarding and logistics services – both internationally and in the UK.
EFS Global is one of the North West’s largest freight and haulage groups. It currently has eight depots and offices across the country and operates its own UK and European road freight fleet. It also works with selected partners around the world. This deal is part of EFS’ ongoing growth and acquisition strategy across the UK.
The team at Davis Blank Furniss, which was led by Sonio Singh who is a partner in the Corporate department, advised EFS Global on all aspects of the transaction including legal due diligence and transactional matters.
Mark Jones – MD of EFS Global – commented: “We are delighted that FWD Freight Services, led by Fred Duenbier, is now part of the EFS Group. It is one of the leading freight forwarding businesses in the UK so is a natural addition to our portfolio of companies. Our focus is now on making sure it’s business as usual for FWD’s staff and clients but with the added benefits that come with being part of our Group.”
Sonio added: “Once again we were pleased to help the senior EFS Global team secure this key acquisition and continue their exciting growth strategy.”
The deal follows a number of other acquisitions made by EFS in recent years including Euro SDB, 747 Express Freight, Logictrans UK Limited, RTS Refrigeration, CS Brunt, Horizon Distribution, BradTrans International, Euro-Tran Despatch, JRS Traction and PDQ Specialist Courier Services.