A Midlands transport specialist has undergone a management buyout - and managers say the deal could help the business double in size over the next three years.
The deal for Logik Logistics International, backed by Frontier Development Capital (FDC) and Debrett’s Private Equity (DPE), values the business at approximately £6m.
Logik provides time-critical transport services to companies in the automotive, aerospace and retail industries, including Jaguar Land Rover, BMW, Aston Martin and Amazon.
