Stobart Group acquire James Irlam & Sons Ltd

It was announced to the Stock Exchange yetsreday morning that the Stobart Group had acquired James Irlam & Son Ltd. Quote from the Stobart Group website

The Irlam Group, one of the largest independently owned road transport logistics providers in the UK, is set to be acquired for the consideration of £59.9 million (£36.2m cash, £10.0m shares and £13.7m in loan notes). Based in Chelford, Cheshire, Irlam provides transport, warehousing and contract packing services for blue chip companies including Proctor & Gamble, Danone Waters and Pedigree.

Irlam will complement Stobart’s existing business operations, increase efficiency, add significantly to the scale of core transport and storage business, and enhance its customer base. The acquisition brings a strong and proven operational team of managers with whom Stobart has a long-standing working relationship, including David Irlam (Chief Executive Officer) who will join the Group’s board. As a result of the acquisition, Stobart will operate more than 1,300 trucks, 2,300 trailers and employ over 3,500 people.

The photo is courtesy of and copyrighted to John Martin.

« Back