December 2018 | News | Global Logistics

Six of One: Merger Creates UK's Largest Logistics Provider

Tags: Global Logistics, Global Trade Management, Logistics

Hong Kong private equity investor EmergeVest has consolidated ownership of six of the UK's leading logistics companies to create EV Cargo, one of the country's largest providers of transport, logistics, freight forwarding services, and logistics technology, and a global supply chain company operating in more than 120 countries.

With £850 million (US $1.067 billion) of revenue annually, EV Cargo is now the largest privately owned logistics business in the United Kingdom.

EV Cargo has been created by consolidating Adjuno, Allport Cargo Services, CM Downton, Jigsaw, NFT, and Palletforce into a single corporate structure.The new firm will feature a core asset-based UK logistics network totalling 9 million square feet of warehousing space and 20,000 delivery vehicles; a team of 5,000 UK-based logistics professionals including 2,200 truck drivers; and 175 UK operating centers and 18 overseas operations.