Lancashire haulier expands group with two more acquisitions

EFS Global

Burnley haulier, EFS Global, has completed the acquisition of two sister companies, for an undisclosed sum.

The group has added Eminence Transport and Floryn, based in Maidstone, Kent.

Both firms provide pallet network, general haulage and warehousing/fulfilment services. The fulfilment service is a key service addition to the EFS Global group and something it hopes to build on in the years to come.

The purchase of Eminence Transport and Floryn follows several other acquisitions made by EFS in 2022, including Tom Moorhouse & Son, in Huddersfield, Andante Freight, in Bradford, and Pegasus Express, which operates in Aberdeen, Inverness, Glasgow, Dundee and Preston.

All the acquisitions have been led by Jordan Kellett, group strategy director, with support from the deal team at EFS Global. This now takes the group to £165m turnover and a 26% increase in net profitability. Alongside the financials, these acquisitions have greatly strengthened the presence of the group, now having sites from as far north as Inverness to Maidstone, Kent.

EFS Global currently has more than 30 depots and offices across England and Scotland.

The corporate team at law firm Davis Blank Furniss advised EFS Global on all transactional matters. The team was led by Sonio Singh, partner and head of the corporate department. He was supported Lauren Sever, associate corporate, commercial and employment solicitor.

EFS Global managing director, Mark Jones, said: “This deal is another step in our ongoing and ambitious growth strategy.”

Sonio Singh said: “Once again we were pleased to advise the EFS Global team secure another major strategic acquisition which will further bolster the company’s geographical reach across the UK.”