News / Acquisition-hungry Xpediator snaps up Import Services, with more to come

Xpediator’s latest acquisition will be followed by more this year.

Yesterday it announced the purchase of Southampton-based Import Services Ltd (ISL) in a deal worth a reported £12m.

And it said negotiations for two more takeovers were “well progressed”, with further news expected in the final quarter.

ISL is Xpediator’s fourth takeover since it publicly listed on the London Stock Exchange’s Alternative Investment Market (AIM) last year.

Chief executive Stephen Blyth told The Loadstar it had strengthened the company’s network, particularly its relationship with Amazon.

“With this deal we ...