MBO at logistics company
A YORK haulage company has new owners after the completion of an MBO.
Sumo Heavy Haulage has been acquired by Jeremy and Emma Desmond.
Mr Desmond was a driver for a local construction firm, before completing his transport managers exams at Hull University.
He launched Sumo Heavy Haulage at the behest of Shaun Wealleans, founder of Sumo UK.
Mr Desmond launched the business in 2013, building it up to a fleet of four trucks and five trailers.
Mrs Desmond started at Sumo UK after college, and has worked there for 14 years, becoming UK sales manager for the business.
New director Jeremy Desmond said: “It’s a very exciting time for Emma and I, and we are looking forward to a bright future ahead with Sumo Heavy Haulage.
We will continue to build on our reputation and will provide the high level of service for our current and new customers as the business grows.
“We are a family-orientated business and aim to project that in all we do.”
Managing director of Sumo UK, Simon Herring said: “This move allows us to focus on our core business of the design and manufacture of agricultural machinery.
“We are keen to keep a working relationship with Sumo Heavy Haulage, and they will continue to deliver our machines…throughout the UK.
“Jeremy has a wealth of knowledge in the logistics industry and with Emma’s agricultural sales knowledge, the company can only go from strength to strength and we wish them the very best of luck.”
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