Benchmark International is pleased to announce the transaction between Essex-based ILS Holdings and Burnley-based EFS Global.
ILS Holdings is the parent company of subsidiaries Sussex Pallet Services and Independent Logistic Solutions, an East Sussex-based freight transport collection and delivery service firm that operates throughout Europe.
EFS Global provides warehousing, haulage, customs clearances, vehicle maintenance and logistics services across the UK and worldwide. It has over 32 depots, 600 vehicles and 1,000+ staff across its 25 companies in the group.
EFS Global's 23rd acquisition since 2015, the transaction further consolidates the group’s position in the South East after it purchased sister companies Eminence Transport Ltd and Floryn Ltd last year.
EFS Global has acquired the company's entire issued share capital, bringing on board a workforce of more than 40 people. It plans to implement a ‘business as usual’ approach with a strategy of building on what has already been achieved by ILS’ management team over the past few years.READ MORE >>