La Salle complete multi-million pound deal for Warrington-based logistics client
La Salle Corporate take great pleasure today in announcing the sale of our clients company 'Mark Thompson Transport Limited' to UK haulage and warehouse experts Kinaxia Logistics.
| Mark Thompson, who established the Warrington-based logistics business back in 1989, instructed La Salle to find a buyer for his company in October 2016. He had grown the business as a sole director from a single van to over 180 trucks with a healthy £20m annual turnover. The time was right to take the company to the next level, enter La Salle Corporate Sales Director, Matt Dillon. Matt and the La Salle team worked closely with Mark, tailoring a viable exit-strategy and making the necessary, discreet approaches to potential purchasers. Following a particular successful approach, it soon became clear to Macclesfield-headquartered Kinaxia Logistics that this was an attractive proposal, they confirmed their strong interest and the negotiation process began. Again, the La Salle team, headed by Matt, together with Mark Thompson and with the assistance of Leeds-based solicitors Squire Patton Boggs, all worked closely to get the deal over the line, a deal that benefitted all parties in the process. Speaking after completion, Matt Dillon commented: "I am delighted to have helped Mark Thompson complete the sale of his company. Starting 30 years ago with a single van to a company with over 180 trucks, with no other shareholders supporting him, is a testament to Mark. A superb achievement. It has been a pleasure working with Mark and after the journey we have been on, I would class him as a friend rather than a client. I would like to thank my sales team at La Salle and Squire Patton Boggs for their assistance, it was a team effort." La Salle Corporate would like to wish all parties involved in the deal, and especially Mark Thompson, all the very best for the future. You can read more about the deal in the following articles: MotorTransport.co.uk InsiderMedia |
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