EV Cargo: Shopping for M&A business in forwarding?

Not just one, but two forwarders are thought to be up for sale.UK-headquartered EV Cargo and German digital forwarder Forto. EV Cargo is the platform company of private equity owner EmergeVest, and was formed in 2018 by bringing together a group of UK companies including Allport, Palletforce, Adjuno and CM Downton. A sale of EV has been mooted for some time, including via an IPO, but market rumours are getting louder. One ...The post Shopping for M&A business in forwarding? appeared first on The Loadstar.