Freight operator secures private equity backing for growth plans
European private equity firm Waterland has taken a majority stake in Lichfield-based Palletways as part of a partnership aimed at supporting the logistics group’s next phase of development across Europe.
The transaction will see Waterland work alongside Palletways’ existing management team, led by chief executive Luis Zubialde.
The investment is intended to support the company’s growth plans, including expansion in key European markets, continued development of its hub-and-member network model and further investment in sys... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
