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EFS Global snaps up trio of parcel carriers in latest expansion

The deal is said to be EFS' largest to date

The acquisition of YDL, Leeds Parcel Company and Pass the Parcel by EFS Global is the firm's largest to date.(Image: EFS Global)

A trio of northern parcel companies have been bought by acquisitive logistics group EFS Global in an undisclosed deal.

Yorkshire-based YDL, Leeds Parcel Company and North West-based Pass the Parcel are the latest firms to be acquired by Burnley's EFS in what it says is its largest deal to date. The move is said to add more than £30m turnover to EFS which now operates 26 companies.

The three firms, which will remain under current senior leadership, provide pallet and parcel distribution services from sites across the north and are earmarked for further growth. The deal means EFS now has businesses spanning 40 sites throughout England and Scotland.

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Newly published accounts for EFS Global show the group generated turnover of £60.3m in the year to the end of March 2023, with operating profit of £2.2m. In those documents, bosses said 海角视频 and global markets had remained challenging but that the group had performed in line with expectations.

Jordan Kellett, director at EFS Global who led the deal process, said: “We begin 2024 with the incredibly exciting acquisition of these well-known and reputable companies. I am thrilled that we have managed to get our largest acquisition to date over the line, plugging some key areas of the country in North & West Yorkshire. We are not only acquiring well-known and reputable companies, but an extremely experienced team of people that I am excited to work with on both their own companies and the wider group.”

EFS Global was advised by Manchester-based Davis Blank Furniss. That team included partner and head of the corporate department, Sonio Singh; senior associate Lauren Sever and trainee solicitor, Hannah Kay.