01 Jul 2022

BKL completes sale of transport and logistics business

Insights, News

Chartered accountants and advisers BKL have completed the sale of Bonds Worldwide Holdings and its subsidiaries to Elanders Group.

Bonds is a UK based business, headquartered in Birmingham. It is a market leader of special transportation and installation of advanced technical equipment, servicing clients across the UK and internationally.

Elanders Group is a global leader within the supply chain management services and total solutions industry. They have over 6,000 employees operating in 20 countries, across four continents.

The acquisition will strengthen Bonds’ position within the industry through the great synergy that can be achieved with Elanders’ passion for high-tech logistics. The acquisition will build upon Elanders’ international footprint and offer them growth into the lifecycle management area.

BKL was appointed by Bonds to negotiate and advise on all financial and commercial aspects of the transaction.

Karen Waters, Founder of Bonds Worldwide, commented: “Jamie Johnson was introduced to me to help with the sale of Bonds Worldwide Holdings and Bonds Worldwide Express. I found his knowledge of handling the sale to be superb with constant recommendations and advice on how we moved forward. Jamie’s efficiency in the due diligence stage was so very helpful.

I would have no hesitation in recommending Jamie and BKL as a valuable part of any business sale. A lot of the stress was taken out for me by BKL’s efforts and the sale went as smoothly as could be possible.”

Our corporate finance experts have completed sales, mergers and acquisitions across a range of industries. Find out more about the deals we’ve supported.

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