EFS Global is back on the acquisition trail having snapped up its 23rd business since 2015 with the addition of East Sussex-based ILS Holdings.
The deal meant EFS acquired the holding company’s two subsidiaries, Sussex Pallet Services and Independent Logistic Solutions, which is a freight collection and delivery service that operates throughout Europe.
It also saw EFS boost its staff by 40 and consolidated its position in the south east even further, following the purchase of Kent-based sister firms Eminence Transport and Floryn last year.
Sussex Pallet Services holds a licence authorising seven HGVs and four trailers out of an Uckfield operating centre and Independent Logistic Solutions can operate up to 20 vehicles and 16 trailers out of two depots in the county.
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EFS Global now has 35 depots and offices across England and Scotland.
“We are thrilled to have ILS and Sussex Pallet Services join our ever-growing group – especially as they share our core value of always offering a high-quality service to customers,” said Jordan Kellett, group strategy director at EFS Global.
“Their location will help to extend our Southern presence from Kent into East Sussex which will be a fantastic foundation for future planned growth.”
Law firm Davis Blank Furniss advised on all elements of the deal, which was for an undisclosed amount.