Elanders AB Acquires Kammac Ltd
November 8, 2023
Swedish supply-chain specialist Elanders AB has acquired all shares in UK contract logistics provider Kammac Ltd, a fast-growing North West England operator with a 15-warehouse network and annual sales above £90m. The purchase (initial valuation including earn-out just over £100m) will be paid partly at closing and partly as an earn-out in 2025; the deal expands Elanders' UK footprint and gives it additional bonded, temperature-controlled and pharmaceutical-handling capacity.
- Buyers
- Elanders AB
- Targets
- Kammac Ltd
- Sellers
- Paul Kamel
- Industry
- Logistics & Distribution
- Location
- Lancashire, United Kingdom
- Transaction Type
- Buyout
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