Logistics firm S J Bargh Group has confirmed the acquisition of fellow logistical business R.G. Bassett & Sons Ltd for an undisclosed sum.
The deal will see S J Bargh expand its existing operations and adds new capabilities including a strategic location at an 11-acre site with 100 employees near Stoke-on-Trent.
The acquisition will increase the Group’s general haulage and warehousing operations and add new driver and related training services. Bassetts will continue as a standalone brand.
Anthony Finlayson-Green, S J Bargh Group managing director, said: “We made this strategic step because there is tremendous synergy between our Companies and we are delighted Bassetts are joining the S J Bargh family. The customers of both companies will also benefit as together we offer greater scale with a larger team, more vehicles and warehousing, and a host of complementary services.”
Claire Bassett, R.G. Bassett & Sons director, said: “As the owner directors at Bassetts neared their chosen retirement age a decision was made, after five generations stretching back to 1897, to join the S J Bargh family.
“We are delighted, because we know there is a very bright future ahead with S J Bargh, not least because they share our family values and complement our services.”