Family firm CM Downton, in Gloucestershire, has joined forced with five of its sister logistics companies to work under a new £850m business EV Cargo.
The move is to secure the long-term future of the business and the identity of the familiar livery of Downton will remain.
EV Cargo is one of the UK’s largest providers of transport, logistics and freight forwarding services and logistics technology – which will see Adjuno, Allport Cargo Services, Downton, Jigsaw, NFT and Palletforce all working together.
All six businesses are owned by specialist logistics investor EmergeVest and the partnership will allow Gloucestershire-based Downton to offer an extended mix of services to its current customers and benefit from new business opportunities as part of the wider group.
Each will retain its own identity livery and operations, continuing to manage supply chains for the world’s leading brands.
EV Cargo includes four main operating segments: Express, Global Forwarding, Logistics and Technology. Working in partnership, the companies will focus on customer needs across the entire supply chain by bringing together the best people, processes, technology and networks.
The move will allow Downton to maximise opportunities for efficiency and growth across existing and new markets, helping to secure long-term success for the future.
The company said a key benefit of the increased scale of EV Cargo will be new opportunities for Moreton Valence-based Downton employees with enhanced development paths and career prospects across the wider group.
Andy Downton, CM Downton Managing Director, said: “This is a very proud moment for our family firm as we begin to work more closely with the group companies under the new EV Cargo brand. It’s very much business as usual at a local level, however, operating alongside the other companies will give us the strength to offer a wider range of services to our customers under a fully-integrated and seamless model. Consolidation of the six companies brings some exciting business growth opportunities for us, our staff and customers.”
Heath Zarin, EV Cargo Chief Executive, said: “We are excited to announce the creation of EV Cargo, bringing together our UK logistics and technology platform. EV Cargo will continue our existing strategy of delivering mission-critical supply chain services powered by people, technology, innovation and sustainability. By working closer together and creating additional capabilities, we will provide new and existing customers with access to a wider range of leading-edge integrated solutions.”