Business Type: Freight / courier services
UK & International Business Sales and M&A News
Family-owned and run Southampton Freight Services (SFS) has acquired international courier business EXPD International Ltd.
SFS Ltd, based in Totton, Southampton, was founded in 1998 and remains a fully independent, family-run freight forwarder and logistics provider, offering global services by air, sea, road and international courier, employing over 50 people.
This acquisition is the latest in a series of investments and initiatives in the last year set to enhance and expand the company’s range of global freight forwarding and logistics services. In the last 12 months, over £200,000 has been invested in new technologies and the latest equipment to continue to improve the global movement cargo.
SFS Managing Director Ross Negus said:
“This acquisition is wonderful news for all our customers and employees, and we’re delighted to welcome the EXPD team to our work family. It means we’re adding yet more expertise to our portfolio of global logistics services, with an even wider range of courier products, expanding the choice for customers of both businesses. It’s a perfect cultural fit.
“We’re extremely proud of our reputation and the entire SFS family shares the same commitment to providing the highest levels of customer service with that all-important personal touch. The proof is our long-term relationships of 20-plus years with many of our customers, suppliers, and our employees.”
Ross Negus - Managing Director of SFS
EXPD has been in operation for over 20 years and occupies modern offices with accompanying warehouse and storage in Southampton, along with a global network of over 200 reciprocating brokerage and freight forwarding agencies worldwide.
Former Managing Director of EXPD Steve James will remain with the business in a consultancy capacity. He commented:
“By joining a bigger group, this is a really positive move that brings together complementary strengths and expertise. SFS has a well-deserved reputation for personal service and attention to detail and we see this as an obvious match of cultures that secures a bright future for everyone involved.”
Steve James - Former Managing Director of EXPD
The acquisition brings a range of additional services for customers of both businesses including access to an established global network of partner offices, along with a wider and more flexible range of UK and international courier services.
Offerings will also include in-house completion of all HMRC/Customs work, operating a Transit Waiver Guarantee, and full accreditation for dangerous goods handling.
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