M&A speculation swirls as EV Cargo unveils 'robust financial position'
EV Cargo has published improved financial results – but has remained tight-lipped about increasingly loud ...
©Palletforce
By Alex Lennane
A private equity firm has put together six operators to form the UK’s largest privately owned logistics company, EV Cargo.
The companies, backed by Hong Kong-based EmergeVest, are Allport Cargo Services, Palletforce, CM Downton, Jigsaw, NFT and Adjuno.
The wide range of specialities in the group, from CM Downton, a haulier bought earlier this year by EmergeVest for £75m, to NFT, a cool chain specialist, and Adjuno, a supply chain software company, gives EV Cargo a solid logistics platform.
EV Cargo will have four ...
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