Palletforce and NFT Distribution owner EmergeVest buys CM Downton in £75m deal

CM Downton truck on road
 

Palletforce and NFT Distribution owner EmergeVest has bought CM Downton for £75m. The deal sees EmergeVest acquire the entire shareholding from the Downton family. The Downton family will, however, continue to serve in their respective roles as senior management of the company. EmergeVest has been acquiring companies in the UK logistics sector since its formation in 2013. Led by CEO and MD Heath Zarin, EmergeVest’s current UK portfolio includes supply chain software company Adjuno, Allport Cargo Services, NFT Distribution, NR […]