Benchmark International Advises on the Sale of John Raymond Transport Limited to the Nolan Group
Benchmark International is pleased to announce the sale of John Raymond Transport Limited to the Nolan Group.
In recent years John Raymond Transport Limited has undergone a period of considerable change. Once viewed as being the traditional carrier of steel and full loads supporting the traditional heavy industries, the company has moved rapidly and substantially into other areas and now carries a varied range of products from insulation and building materials to toilet tissue, foodstuffs and more. The company currently operate 475,000 square feet of racked and blocked stacked warehousing from two South Wales locations, with another in Cannock.
Established over 50-years ago, Nolan Transport has grown to be one of Europe’s leading transport companies, by understanding their customers’ different just-in-time transportation needs. Nolan’s record of reliability stems from the daily, hands-on running of the business by the people who know the business best, the owners and operators! As a company they coordinate and monitor their entire fleet of over 1000 pieces of transportation equipment in real time, from their high-tech European Operations Hub.
A spokesperson for Nolan had this to say: “This presents new opportunities for both businesses to complement each other and provide customers with other services and opportunities to further grow their businesses with us.”
On behalf of everyone at Benchmark International, we would like to wish both parties every success for the future.
ABOUT BENCHMARK INTERNATIONAL
Benchmark International’s global offices provide business owners in the middle market and lower middle market with creative, value-maximizing solutions for growing and exiting their businesses. To date, Benchmark International has handled engagements in excess of $5B across 30 industries worldwide. With decades of global M&A experience, Benchmark International’s deal teams, working from 13 offices across the world, have assisted hundreds of owners achieve their personal objectives and ensure the continued growth of their businesses.