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Completed
Synopsis
Jacky Perrenot, a home delivery specialists, agreed to acquire ArrowXL, a logistics and transportation business. Financial terms were not disclosed. “I am delighted with this news and couldn’t have hoped for a better new owner that will bring future security for our people and our business. It is clear to us that the Jacky Perrenot Group shares similar values with ArrowXL with a strong commitment to sustainable development and to delivering the best service in the marketplace. They are a significant European company with huge ambitions and all parties are genuinely excited for the future,” Charlie Shiels, ArrowXL CEO.
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