Two major acquisitions
World-leading bespoke logistics provider Peters & May Group is delighted to kick off 2018 with the announcement of two very exciting acquisitions; Worldwide Yacht Shipping and Transport Partners. Already an accredited global industry leader in specialist transport, these new additions are set to propel Peters & May forwards; further strengthening an already well established worldwide position. A demonstration of recent success; the acquisitions fit in with growth plans as Peters & May further expand horizons across the Middle East, Far East and the USA – all key strategic positions for 2018. David Holley, Peters & May Group CEO, said: ‘The team here are very excited about the acquisition of Worldwide Yacht Shipping and Transport Partners – both strong and strategic additions for Peters & May. A clear testament to our growing success, these acquisitions strengthen our position as global industry leaders in yacht transport – watch this space.’
Worldwide Yacht Shipping, run by CEO Nigel Grayston, is already a strong player across the Middle East, all credit to Nigel’s 40 years of industry experience. Peters & May, which now has 12 offices globally, is keen to focus its development on the Middle East and Far East regions. As a result, the company is excited for the opportunity this acquisition presents, both for the business but also its valued clients. Adding a personal service to every shipment with their unrivalled reputation; Worldwide Yacht Shipping fits well within current portfolios to further instil values of professionalism, dependability and passion, all core to Peters & May’s success. Nigel Grayston, chairman and CEO of Worldwide Yacht Shipping commented on the acquisition: ‘Having worked closely with Peters & May for over 5 years, I am excited to be taking our collaboration to the next level. The synergy between our businesses and the growing success of Peters & May as industry leaders, leaves me confident that Worldwide Yacht Shipping is in the best of hands as I begin to take a step back over the coming years.’
The second acquisition marks a significant step for Peters & May. Friendly competitors of Peters & May for over five years, Transport Partners and its subsidiaries follow Peters & May as the second largest shipper of boats worldwide from the USA. Across two new locations in the US and the Netherlands; Peters & May welcomes an additional 14 team members globally, all with skill sets that add undeniable value. The acquisition of this subsidiary will offer Peters & May freight packing and cradling facilities, alongside safe warehousing for cargo. Additional facilities will mean that Peters & May can extend its offering with value added, full-service solutions. http://www.petersandmay.comNo tags for this post.