M&A Deal Summary

Sitra Group Acquires Abbey Logistics Group

On October 30, 2023, Sitra Group acquired transportation company Abbey Logistics Group from NorthEdge Capital

Acquisition Highlights
  • This is Sitra Group’s 1st transaction in the Transportation sector.
  • This is Sitra Group’s 1st transaction in the United Kingdom.

M&A Deal Summary

Date 2023-10-30
Target Abbey Logistics Group
Sector Transportation
Buyer(s) Sitra Group
Sellers(s) NorthEdge Capital
Deal Type Add-on Acquisition

Target

Abbey Logistics Group

Golborne, United Kingdom
Abbey Logistics Group is a logistics provider specializes in the transportation of bulk food products in liquid and powder tankers across the UK and Northern Europe. Abbey Logistics Group was founded in 1973 and is based in Golborne, United Kingdom.

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Buyer(S) 1

Buyer

Sitra Group

Ypres, Belgium

Category Company
Founded 1962
Sector Transportation
DESCRIPTION

Sitra Group is a specialist in logistical solutions for food products and transport and handles products in liquid, packaged, or powder form within Europe and Russia and organizes both inflow and outflow. Sitra Group was established in 1962 and is based in Ypres, Belgium.


DEAL STATS #
Overall 1 of 1
Sector: Transportation M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: United Kingdom M&A 1 of 1
Year: 2023 M&A 1 of 1

Seller(S) 1

SELLER

NorthEdge Capital

Manchester, United Kingdom

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 2009
PE ASSETS 900M GBP
Size Large
Type Sector Agnostic
DESCRIPTION

NorthEdge is a lower mid-market buy-out and development capital investment firm focused on investing in the Northern part of the UK. NorthEdge looks to commit £2 to £50 million in companies generating at least £5 million revenue and £0.5 million in profits. NorthEdge does not have any stated sector preferences and seeks to work alongside ambitious management teams when pursuing transactions. The Firm launched its firms fund in 2011 and has offices in Manchester and Leeds.


DEAL STATS #
Overall 20 of 23
Sector: Transportation M&A 2 of 2
Type: Add-on Acquisition M&A Deals 9 of 9
Country: United Kingdom M&A 19 of 22
Year: 2023 M&A 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-03-22 Future Industrial Services

Liverpool, United Kingdom

Future Industrial Services is a provider of Waste Management and specialised Industrial Services to meet the requirement of Government Agencies, Local Authorities, Public Utilities, national and multi-national companies. All of who demand the highest standards and cost effective solutions to their waste management, industrial cleaning, emergency spillage response, decommissioning and decontamination requirements. Future Industrial Services was founded in 1999 and is based in Liverpool, United Kingdom.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-11-02 Antibody Analytics

Motherwell, United Kingdom

Antibody Analytics is a contract research organisation (CRO) and trusted provider of immunology research services to an international client base. The business supports biopharmaceutical companies globally to overcome substantial scientific challenges by providing data of outstanding quality to expedite new healthcare solutions and improve global health outcomes. Antibody Analytics is focused on supporting the developers of antibody-targeted therapeutics, complex biologics and immunotherapies, to help their clients get the best drug candidates into the clinic. Antibody Analytics was founded in 2015 and is based in Motherwell, United Kingdom.

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