A 4PL transport operator said it expected to scale up quickly after being acquired by Pallet-Track’s parent company northstarr earlier this year.
X2 (UK) said it was now targeting growth at home and abroad and its partnership with northstarr meant it could also reinvest in the company and “turbocharge” its business proposition.
Hinckley-based X2 is now one of four companies operating under the northstarr umbrella, alongside Pallet-Track, flexible warehousing specialist Sqrrl Solutions and cloud-based transport management provider Truckcom.
X2 MD Ian Cramb said his initial ambition had been to grow the business independently before looking for a suitor.
However, after entering into discussions with northstarr group CEO Stuart Godman, it became clear there was a strategic fit and an opportunity to unlock growth through access to wider infrastructure and expertise.
“X2 joining northstarr provides immediate access to key growth enablers, including pallet network integration, warehousing capability, European expansion potential, and a broader service offering across the logistics chain,” Cramb said.
“This partnership has allowed us to reinvest in the business, giving our team a meaningful stake in the future and aligning us with a forward-thinking group with real ambition.”
He added: “Culturally, it was also a very natural fit, as northstarr operates in the same agile, fast-paced way that we do.
“Decisions are made quickly and there is not the bureaucracy you often see in larger organisations, which was important to us.”
Godman said his conversations with Cramb led him to believe it could build a more connected, tech-led logistics group: “This is about unlocking growth, not just for the businesses within northstarr, but for our customers too, by bringing together expertise, infrastructure and technology in a way that genuinely moves the industry forward,” he added.
