Law firm advises on acquisition of vehicle logistics company
26th September 2024
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Wilkes has announced that it has acted on behalf of DMN Group Limited in the successful acquisition of Specialist Vehicle Logistics Limited, a strategic move that positions DMN Group as a key player in the rapidly growing automotive logistics sector. The acquisition marks a significant step in DMN’s expansion, enhancing its capacity to deliver comprehensive vehicle logistics solutions across the UK.

The transaction was originated by the corporate finance advisors at Burgis & Bullock, who played an instrumental role in advising DMN Group Limited on the financial aspects of the deal. The collaboration between Wilkes and Burgis & Bullock ensured the transaction was completed efficiently and with the highest level of professional diligence.

Nick Chadaway, managing director of DMN Group, commented on the acquisition:
“This acquisition is a great step forward for DMN Group. It strengthens our service offering and expands our reach. We are excited about the opportunities this brings and are grateful to Wilkes and Burgis & Bullock for their expert guidance throughout the process.”

Wilkes’ team was led by partner, Rick Smyth, with support from Christie Nelson, solicitor (Corporate), and Leighann Richards, senior associate (Real Estate). The team provided comprehensive legal advice to DMN Group, ensuring the transaction proceeded smoothly and the strategic goals of the client were achieved.

The Burgis & Bullock Corporate Finance team was led by partner, Simon Chapman, with support from Niall Douglas.

Rick Smyth, partner in Wilkes’ Corporate team, added: “We have been working with Nick and the DMN team for over 10 years now. It has been a privilege to advise Nick and the team at DMN Group once again on this acquisition. It once again demonstrates our continued commitment to long-term client relationships. The automotive logistics sector is evolving rapidly, and this acquisition places DMN in a strong position to capitalise on future growth opportunities. We look forward to seeing the continued success of DMN as it expands its presence in the market.”

This acquisition comes at a time of significant growth in the automotive logistics sector, with the market poised for continued expansion as vehicle demand and logistics infrastructure evolve. DMN Group's acquisition of Specialist Vehicle Logistics. represents a strategic step in reinforcing its leading role in this fast-growing industry.

For more information, please contact: marketing@wilkes.co.uk

 

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Ian Henery

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