Announced

Completed

erisbeg to acquire a 60% stake in Dixon International Transport from DXL Logistics.

Synopsis

erisbeg, a growth capital investor, agreed to acquire a 60% stake in Dixon International Transport, a logistics and distribution company, from DXL Logistics, a freight broker and 3rd party logistics service provider. Financial terms were not disclosed. “erisbeg is delighted to make a major investment in the cold chain international logistics sector. Company founder and MD, Michael Dixon has built a world class, professional and well managed business that has huge growth potential. We are very much looking forward to working with Michael and his team to help maximise Dixon’s continued growth both organically and by acquisition,” Alan Kerr, Managing Partner erisbeg.

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