Benchmark International is pleased to announce the acquisition of EVOS Logistics, Inc. by Blue Grace Logistics.
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Benchmark International Has Successfully Facilitated The Transaction Between EVOS Logistics And Blue Grace Logistics
Benchmark International Successfully Facilitated the Transaction Between ILS Holdings Ltd and EFS Global Limited
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.
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2023 Global Logistics Industry Report
The global freight & logistics market is forecast to grow to $18.69 billion by 2026 at a compound annual growth rate (CAGR) of 4.4%. When looking solely at logistics, the global logistics market is expected to reach $6.55 trillion by 2027, growing at a CAGR of 4.7% between 2022 and 2027.
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