Clairfield International advises the sale of Stop Start Transport Ltd to Storskogen UK, a subsidiary of Storskogen Group AB
The shareholders of Stop Start Transport Ltd sold the business to Storskogen UK, a subsidiary of Storskogen Group AB (STOR-B:STO), for an undisclosed amount.
Based in Worcester, Stop Start is a leading logistics, warehousing, and distribution business, specialising in high-value, fragile, and difficult to move dry freight. Stop Start has become a trusted logistics partner to a national customer base of online bathroom retailers and manufacturers as a result of exceptional customer service and a strong track record for undamaged deliveries.
Headquartered in Sweden and listed on the Nasdaq Stockholm, Storskogen Group AB acquires and operates well-managed, profitable small and medium-sized enterprises with leading positions in their respective markets. The Group operates 105 business units with approximately 8,600 employees across the Nordics, Germany, Switzerland, and the United Kingdom with a trailing annual turnover of about GBP 1.5 billion.
Clairfield worked closely with the shareholders of Stop Start Transport on their succession plans and throughout the sale process. Specifically, we:
- Worked with the shareholders over a long period of time to develop a strategy that maximised capital value ahead of exit
- Encouraged and advised on key strategic decisions including the implementation of a new system and diversification of the customer base to mitigate perceived risk from potential buyers
- Took the necessary time to understand the unique service proposition of the business and the premium placed upon this by their customers
- Introduced specialist tax and legal advisers early in the process to create the most efficient deal structure for the shareholders
- Ran a competitive sale process targeting both trade and financial buyers which resulted in the selection of a strong buyer that delivered great value to the shareholders.
Business services
Sale
Advisor to the seller
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