An East Lancashire logistics and haulage company has purchased a transport firm in a major deal for an undisclosed sum, bringing their annual turnover to £165m.

Law firm Davis Blank Furniss acted for Burnley’s EFS Global Ltd on its acquisition of sister companies Eminence Transport Ltd and Floryn Ltd.

Eminence Transport Ltd and Floryn Ltd, based in Maidstone, Kent, provides pallet network, general haulage and warehousing/fulfilment services.

The fulfilment service is a key service addition to the Burnley-based group and something it hopes to build upon in the years to come.

Managing director of EFS Global, Mark Jones said: “We are delighted to welcome Eminence Transport Ltd and Floryn Ltd into the EFS Group and this deal is another step in our ongoing and ambitious growth strategy.”

The purchase of Eminence Transport Ltd and Floryn Ltd follows several other acquisitions made by EFS in 2022, including Tom Moorhouse and Son (Huddersfield), Andante Freight (Bradford) and Pegasus Express (Aberdeen, Inverness, Glasgow, Dundee and Preston). 

All the acquisitions have been led by the group’s strategy director, Jordan Kellett, with support from the deal team at EFS Global.

This now takes the group’s turnover to £165m and a 26 per cent increase in net profitability.

Alongside the financials, these acquisitions have greatly strengthened the presence of the group, now having sites as far north as Inverness to as far south as Maidstone, Kent.

EFS Global is one of the UK’s largest freight and haulage groups. It currently has more than 30 depots and offices across England and Scotland.

The corporate team at Davis Blank Furniss advised EFS Global on all transactional matters. 

The team was led by Sonio Singh, partner and head of the corporate department.

He was supported Lauren Sever, associate corporate, commercial and employment solicitor.

Mr Singh added: “Once again we were pleased to advise the EFS Global team secure another major strategic acquisition which will further bolster the company’s geographical reach across the UK.”