Seafrigo acquires UK-based forwarder Perishable Movements
Business as usual across PML’s U.K. network, opportunities for global growth
Seafrigo has acquired specialist UK-headquartered forwarder Perishables Movements (PML) with the formal signing of the deal taking place in London on July 10, 2023.
Effective immediately, all PML employees will join the Seafrigo Group which will provide the group with a platform for future investment and growth in the region, says a release from Seafrigo.
All PML locations will operate using a new co-branding with a view to eventually becoming Seafrigo, the release added. PML operates from three locations in the U.K. - Heathrow, Spalding and Kent, and across air, ocean and road forwarding while also offering warehousing and value-added services to customers.
“With its excellent market reputation and our shared expertise in the management and distribution of temperature-controlled goods, this deal is the perfect fit for us," says Jason Knox, Regional CEO, Seafrigo. "Through an expanded airfreight capability which PML will bring to our operation, all our customers will be able to benefit from an improved service offering, expanded geographic coverage, scale of operations, improved buying power and enhanced service solutions”.
Mike Parr, CEO, PML adds: “For us, this new era is very much business as usual for all our customers. We are delighted to become part of the Seafrigo Group which has more than 40 years’ specialist leadership in the temperature-controlled food logistics market. The deal provides us all with the opportunity to grow and enhance our business and to truly control the global logistics chain from origin to destination for our customers.”.
Eric Barbé, Group CEO, Seafrigo says: “I would like to extend a very warm welcome to our new colleagues from PML. Together, we have the synergies and determination to build the world’s leading end-to-end temperature-controlled organisation, and I am delighted to have their team onboard."
Seafrigo Group has infrastructure across 26 countries and employs 2,500 experts, the release added.