South Link becomes Pall-Ex Group shareholder.
South Link is starting a new journey after becoming a shareholder in logistics giant Pall-Ex Group.
The Lancing based haulier has acquired shares in the pan-European operation, having been a member of the quality network for 5 years.
The acquisition, believed to be the first of its kind, has provided Pall-Ex members with a unique opportunity to be involved in the networks future development.
Hilary Devey CBE, who started Pall-Ex in 1996, has decided to step away from the day-to-day running of the business after almost twenty-five years, her continuing wish is to see the company grow and thrive. She will continue to work with the new owners in an ambassador role to help develop their international services and European partner development.
The transaction was negotiated by Pall-Ex Group CEO, Kevin Buchanan, along with founder members David Fairbrother, Maggie Larimore and Craig Stevens who have known and worked with Hilary for over 20 years.
Karl Reidy comments: "Pall-Ex has been instrumental in supporting the growth of our business and establishing our reputation in Sussex. Hilary has been key in developing the pallet network logistics model in the UK and making Pall-Ex a renowned name within the industry.
Kevin Buchanan comments: "Pall-Ex is now a unique proposition in the sector with management and UK members all working together as owners to further enhance our operation as the quality network of choice. We would like to thank all our shareholder members, who are driving Pall-Ex forwards on this journey."
South Link Comments: "We are excited not only to be a member of Pall-Ex, but also a key integral part of the company's future.
Since our humble beginnings in 1991 as a small family run business, South Link has grown from a company delivering packages in vans to a logistical powerhouse specialising in freight forwarding across the South East and entire UK via our palletised networks. We boast a fleet consisting of vans, rigid vehicles and articulated vehicles which ensure we provide the award winning level of service expected of us by our own standards and our customers.
Becoming a shareholder of a strong logistics network like Pall-Ex not only drives South Link forward, but our customers too. It allows us to work with our customers and grow with them; whether it's a new customer or a customer that we have been providing logistics solutions to for decades – we offer first class travel and customer service for any and all requirements.
Whether we're providing storage solutions, parcel and pallet requirements, dedicated same day loads or international export and imports - we are confident in providing the very best service and solution for many years to come.
We take pride in offering over 25 years experience to the transport industry and hope to continue this in our venture with Pall-Ex"
Pall-Ex has gone from moving just under 100 pallets on its first night to over 30,000 daily across the globe. All shareholders will be actively involved in the business as it looks to further develop Pall-Ex Group not only in the UK but throughout Europe.
For more information on South Link and to follow our journey please visit www.southlink.co.uk
For more information on Pall-Ex, please visit www.pallex.co.uk