Tag: acquisition|freight forwarding|logistics

Family-owned diversified business, J. & J. Denholm Limited (the Denholm Group), has acquired freight forwarding and logistics company John Good Logistics Limited. The acquisition completed on 31st August 2021.

Operating from strategic locations around the UK, multi-award winning Good Logistics provides global logistics, warehousing and distribution services. Prior to the acquisition by Denholm, Good Logistics was part of sixth-generation family business, John Good Group.  Similarly, fifth-generation family business, J. & J. Denholm, operates subsidiary companies across the logistics supply chain via the Denholm Logistics division.

The Denholm Logistics businesses utilise a complementary port-centric model around the UK and Ireland.  Looking to the immediate future, Good Logistics will trade alongside Denholm Logistics as a complementary sister business, utilising the combined expertise and experience of their people to provide market leading services for their customers.

Ben MacLehose, CEO of J. & J. Denholm, said: “The acquisition of Good Logistics is an exciting move for our employees and customers in both businesses.  Together, the size and scale of our combined logistics operations are amplified, strengthening our skills, resource network and purchasing power and enhancing the opportunities to efficiently manage the movement of freight on behalf of our customers.

“We have great people within our logistics businesses, now further strengthened by the addition of the Good Logistics team.  We see a bright future and many further opportunities within the logistics sector as we move forward together.”

Alan Platt, of Good Logistics, commented: “The acquisition by J. & J. Denholm now cements the next long-term phase of Good Logistics.  The synergies of the two family businesses, with similar maritime roots, complementary logistics services and strong values, make the formal connection between Good Logistics and J. & J. Denholm a unique and exciting opportunity to grow the combined businesses together, benefitting both our customers and employees.  As we move from one family to another, we are very much looking forward to many exciting times ahead.”

Bolloré Logistics, which ranks among the world’s top 10 in transport and logistics, has taken a significant leap forward in the Nordics with the acquisition of a majority stake in the Swedish company Global Freight Solutions AB and its Finnish affiliate. The freight forwarder G-Solutions which has operated under the Global Freight Solutions AB (G-Solutions) name up to now, will use Bolloré Logistics brand with immediate effect.

This strategic milestone thus complement the regional network following previous implementation in Norway and Denmark. Having its headquarters in the Swedish maritime hub of Gothenburg, with an additional office in Stockholm, and a branch in the Finnish capital Helsinki, G-Solutions is part of the Bolloré Logistics network since 2019. The remaining process of partnership reinforce the company presence in Europe, focusing on the development of the Nordic markets. It also marks the founding of two new subsidiaries: Bolloré Logistics Sweden AB and Bolloré Logistics Finland OY.

The Nordic company offer a comprehensive portfolio of services and creates synergies with many of the Bolloré Logistics’ industry verticals, such as mining, power, automotive, aeronautics and defence, telecom, high-tech, healthcare and retail.

Johan Moerth, Managing Director of Bolloré Logistics Sweden and Finland, stated: “This brand change constitutes a new milestone in our development strategy. Established in the region since 2006, we’ve provided the local footprint and knowledge of our markets, while benefiting from the global of a major actor of the supply chain industry. This allows us to offer our Swedish and Finnish customers a wide portfolio of competitive services in multimodal transport, warehousing, customs clearance, IT systems, with the strong ability for designing some tailor-made and innovative solutions.”

Commenting on the news, David Smith, CEO Northern Europe of Bolloré Logistics added: “This important progression secures the strategic objective of an owned and rapidly expanding network in the Nordics. It further emphasises the vital and growing presence of Sweden and Finland within our global and industry vertical offerings. I would like to pay tribute to Johan Moerth and his wider teams for their strong contribution ever since joining the company. This adoption of the Bolloré Logistics brand is the perfect reflection of the active membership of the subsidiaries in Sweden and Finland within the European region and their key role in the development plans that lie ahead.”