Logistics UK and CBW launch second merger and acquisition report

The past 12 months have placed untold pressures on the logistics sector.

Almost a third (30%) of logistics leaders are more likely to undertake Merger & Acquisition (M&A) activity in Q1 2021 than they were 12 months ago, according to a report launched today (26 April 2021) by business group Logistics UK, in partnership with leading accountancy firm CBW.  
 

UK Logistics Sector M&A Index Q1 2021: Interim Survey Results provides an overview on trends in M&A activity, including valuations, and delves into some of the most important issues facing companies in the sector, including Brexit, COVID-19 pandemic, and the industry skills shortage. 

David Wells, Chief Executive at Logistics UK, comments: “The past 12 months have placed untold pressures on the logistics sector: 68% of survey respondents say they expect a negative outcome for their business from Brexit and the UK’s new trading relationship with the EU, and just under 50% of business leaders say they are satisfied with the support provided to the UK logistics sector by the government in response to the COVID-19 pandemic. However, M&A activity and company valuation trends are encouraging: 39% of survey respondents say valuations of logistics companies have increased in the past 12 months, a 17% rise on 2020, and 57% say valuations will continue to increase in the next year – a 30% rise on 2020.  Read more

Source: LOGISTICS UK

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