Announced

Completed

Management of Toga Freight Services completed the management buyout of the company.

Synopsis

Management of Toga Freight Services, a provider of cost effective and reliable range of forwarding and logistics services to and from Ireland, completed the management buyout of the company. Financial terms were not disclosed. “We are very grateful to Martin for agreeing to sell us the business that he co-founded 45 years ago. We are very fortunate that we have been able to acquire such a stable and successful business that has enjoyed some of its strongest trading years in recent times. The new board have a defined and focussed strategy for stable and controlled growth, and we look forward to being able to offer additional services to our 5500+ customers in Ireland and across Europe. We are sure that our staff, who are a part of our “Toga Family” will enjoy the stability that this MBO has produced and will continue to enjoy the journey we are on in developing and growing our business," Robert Dickinson, Toga Managing Director.

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