Announced
Completed
Financials
Tags
United Kingdom
Majority
Acquisition
food logistics
Friendly
supply chain
Single Bidder
Third Party Logistics (3PL)
Private
Completed
Synopsis
Culina, a provider of logistics services for food and drink companies, completed the acquisition of Fowler Welch, a provider of food supply-chain services, from Dart Group, a holding company based in Leeds, for $121m. The Board of Dart believes that the transaction will enable the group to focus on its long-term strategy of growing its Leisure Travel business and, importantly, enables Fowler Welch to continue to flourish and grow profitably under new ownership.
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