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Watson & Co provided Dobbs Logistics with financial advice, while Evelyn Partners advised the buyer.
Dobbs Logistics is a UK family firm that was founded in 1961 and provides pallet distribution, project cargo, haulage and warehousing services. Hong Kong-based global freight forwarding and supply chain services company EV Cargo acquired the firm as a means to develop its Palletforce subsidiary, strengthening the position of its services in Southeast England. It intends to retain Dobbs directors Stephen Morgan, Kevin Manser and Lynton Manser following the merger, along with their management team.
In a statement on the deal, Morgan said: “EV Cargo’s Palletforce network is renowned for excellence, and we are delighted to join a business which puts its members and customers first. We are looking forward to further developing our services, business proposition and securing the long-term future of the business.”
Gaby Hardwicke Solicitors advised the shareholders of Dobbs Logistics with a team led by corporate finance partner Mark Williams.
