M&A Deal Summary

EV Cargo Acquires C M Downton

On November 22, 2018, EV Cargo acquired transportation company C M Downton for 75M GBP

Acquisition Highlights
  • This is EV Cargo’s 3rd transaction in the Transportation sector.
  • This is EV Cargo’s largest (disclosed) transaction.
  • This is EV Cargo’s 5th transaction in the United Kingdom.

M&A Deal Summary
Date 2018-11-22
Target C M Downton
Sector Transportation
Buyer(s) EV Cargo
Deal Type Add-on Acquisition
Deal Value 75M GBP

Target

C M Downton

Gloucester, United Kingdom
C M Downton is one of the UK’s major privately-owned logistics firms. The business has established itself at the forefront of a highly competitive industry by offering clients what they cannot get from other providers: the infrastructure and scalability of a multi-national 3PL combined with the flexibility, agility and commitment to customer care of a family-run business. C M Downton is based in Gloucester, United Kingdom.

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Buyer(S) 1

Buyer

EV Cargo

Hong Kong, China
Category Company
Founded 2018
Sector Transportation
Employees2,300
DESCRIPTION

EV Cargo is a global technology-enabled supply chain management and logistics execution platform that offers unique mission-critical end-to-end supply chain solutions to more than 3,000 customers across the retail, consumer, and industrial sectors. EV Cargo was founded in 2018 and is based in Hong Kong, China.

DEAL STATS #
Overall 5 of 6
Sector (Transportation) 3 of 4
Type (Add-on Acquisition) 5 of 5
Country (United Kingdom) 5 of 5
Year (2018) 5 of 5
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-11-22 Palletforce

Staffordshire, United Kingdom

Palletforce is a distributor of palletised freight across the UK and Europe. Palletforce was founded in 2000 and is based in Staffordshire, United Kingdom.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-03-23 Fast Forward Freight

Hoofddorp, Netherlands

Fast Forward Freight provides freight forwarding solutions through air, ocean, and road transportation with an international network and over 150 partners, serving more than 7000 clients worldwide. Fast Forward Freight was founded in 1995 and is based in Hoofddorp, Netherlands.

Buy -
Mergr

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