Seven Seas acquired by private investor
Benchmark International is delighted to announce the successful sale of Seven Seas Logistics Limited (7seas) to a private buyer, for an undisclosed fee.
Established and incorporated in 2009, Surrey-based 7seas now turns over c.£15m. The Company is a global freight repositioning service provider particularly in the movement of empty and laden containers for a number of international clients. These include shipping lines, container lessors, tank operators, container manufacturers, container traders and oil and gas logistics companies.
The private buyer is Nick Maybour and as part of the acquisition he has established a holding company, Maybour Logistics Global Limited (Maybour).
Basil Henley, Director of 7seas, said, “All the Directors are thrilled that we got there in the end through Benchmark International’s introduction to Nick Maybour.”
Fellow Director Nigel Mortelman added, “We are very glad we have got this done with Benchmark International’s team and assistance.”
James Thornton, Chief Operations Officer of Benchmark International, said, “Benchmark International was able to create a competitive bidding environment whereby a number of global interested parties wished to pursue the opportunity.
After a number of twists and turns over the 11 months the opportunity was live, the eventual buyer was deemed the best option for 7seas moving forward because of Maybour’s considerable desire and drive to grow the business.”
Everyone at Benchmark International would like to extend their best wishes for all parties for the future.