Seafrigo Group has acquired Perishables Movements Limited (PML) for an undisclosed sum, as part of a wider strategy to expand into the UK market.
Announcing the deal, the French refrigerated food logistics giant said all PML employees will join the Seafrigo Group with immediate effect whilst all PML locations will, in the next few months, operate using a new co-branding, with a view to eventually taking on the Seafrigo brand.
PML operates from three locations in the UK, at Heathrow, Lincolnshire and Kent and offers air, ocean and road freight forwarding as well as warehousing and value-added services to its customers.
Seafrigo Group, which was launched in France in 1979, specialises in the global logistics flow of temperature-controlled food products. It operates from 25 locations across five continents and employs around 2,500 staff.
Jason Knox, Seafrigo regional chief executive, said: “With its excellent market reputation and our shared expertise in the management and distribution of temperature-controlled goods this deal is the perfect fit for us.
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"Through an expanded airfreight capability which PML will bring to our operation, all our customers will be able to benefit from an improved service offering, expanded geographic coverage, scale of operations, improved buying power and enhanced service solutions”.
Mike Parr, PML chief executive, said: "For us this new era is very much business as usual for all our customers. We are delighted to become part of the Seafrigo Group which has more than 40 years’ specialist leadership in the temperature-controlled food logistics market.
"The deal provides us all with the opportunity to grow and enhance our business and to truly control the global logistics chain from origin to destination for our customers.”.
Seafrigo said that the UK PML operation will "plug-in seamlessly" to the global Seafrigo network enabling both companies' experts in their fields to leverage their knowledge to deliver an even better service for customers.
Eric Barbé, Seafrigo Group CEO, added: "I would like to extend a very warm welcome to our new colleagues from PML. Together we have the synergies and determination to build the world’s leading end-to-end temperature-controlled organisation and I am delighted to have their team onboard”.