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Announced

HSH Coldstores to acquire ACS&T from Camellia for £16m.

Financials

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Transaction Value£16m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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logistics services

Single Bidder

Majority

Private

United Kingdom

Domestic

Acquisition

Friendly

Pending

Third Party Logistics (3PL)

Synopsis

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HSH Coldstores, a cold storage facilities company, agreed to acquire ACS&T, a logistics solutions provider, from Camellia, an engineering services business company, for £16m. "The proceeds from the sale will be applied to support the Group's strategy of focussing its investment activity on its core agriculture operations and for general working capital purposes," Camellia.

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