A report for business owners providing vital insight into trends in mergers and acquisitions (M&A) in logistics over the next 12 months has been produced by Logistics UK.
The report, created in partnership with accountancy firm Carter Backer Winter (CBW), gives an overview of M&A activity across the sector, as well as expected trends and valuations and it also delves into important issues facing haulage operators, particularly in light of the Covid-19 pandemic and Brexit.
Philip Bird, CBW partner and head of logistics said consolidation was expected to continue through 2021, supported by healthy valuations.
He added: “M&A activity is likely to be concentrated in those areas which will fare better in a challenging economic environment, such as healthcare, e-commerce and food distribution.”
Logistics UK chief executive David Well said: “In partnership with CBW, Logistics UK surveyed senior logistics executives from across the sector to identify the economic impact the pandemic has had on the sector which drives activity across all of UK PLC, and the changes these senior executives intend to make to their business models as they plan for 2021 and beyond.”
