Divestiture • Transportation

Elanders Acquires Bishopsgate

On February 2, 2024, Elanders acquired transportation company Bishopsgate from Master Removers Group for 48M GBP

Acquisition Context
  • This is Elanders’ 2nd transaction in the Transportation sector.
  • This is Elanders’ 0th largest (disclosed) transaction.
  • This is Elanders’ 1st transaction in the United Kingdom.

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M&A Deal Summary

Date February 2, 2024
Target Bishopsgate
Sector Transportation
Buyer(s) Elanders
Sellers(s) Master Removers Group
Deal Type Divestiture
Deal Value 48M GBP

Target Company

Bishopsgate

Swindon, United Kingdom
Bishopsgate provides transportation, installation, and configuration of medical devices, office printers, data centers, parcel lockers and charging stations for electric vehicles. Bishopsgate was founded in 1992 and is based in Swindon, England.
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Buyer Overview 1

Buyer

Elanders

Mölndal, Sweden

Category Company
Founded 1908
Sector Business Services
Employees6,983
Revenue 14.1B SEK (2024)
DESCRIPTION

Elanders provides global solutions in the business areas of supply chain, print & packaging, and e-commerce. Elanders was founded in 1908 and is based in Mölndal, Sweden.


Deal Context for Buyer #
Overall 3 of 3
Sector: Transportation 2 of 2
Type: Divestiture 1 of 1
Country: United Kingdom 1 of 1
Year: 2024 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-01-07 Mentor Media

Singapore, Singapore

Mentor Media provides cost-effective cutting edge supply chain management services to customers in many different industries, ranging from consumer electronics, software, computing, communications, healthcare and automobile. Customers like to work with Mentor Media because the company is very well established in Asia, adopt efficient and flexible manufacturing processes and have global presence to service their requirements.

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Seller Profile 1

SELLER

Master Removers Group

London, United Kingdom

Category Company
Sector Transportation
DESCRIPTION

Master Removers Group provides specialist and extremely well-regarded logistics, storage and removals services to international businesses and domestic consumers. Master Removers Group is based in London, United Kingdom.


Deal Context for Seller #
Overall 1 of 1
Sector: Transportation 1 of 1
Type: Divestiture 1 of 1
Country: United Kingdom 1 of 1
Year: 2024 1 of 1