Floyd Schofield Haulage is set for significant expansion following its acquisition by DAA Transport. The deal was facilitated by KBS Corporate, and the company is poised to join DAA Transport’s existing portfolio of businesses, expanding its presence in the North of England.
With a strong foothold in the South of England, DAA Transport saw great potential in acquiring Floyd Schofield Haulage, citing the company’s established reputation and expertise in the North Yorkshire region. Jon Dando of DAA Transport expressed that the acquisition aligns perfectly with their strategic goals of geographic expansion and enhancing service capabilities, with the aim to set new benchmarks in the transport and logistics sector.
Looking ahead, the new ownership is optimistic about the prospects for growth, with plans to invest in the growth and development of Floyd Schofield Haulage and expand their reach to new markets. The goal is to achieve increased efficiency, improved customer service, and overall business growth through combined expertise and resources.
Luke Rae, the KBS Corporate Deal Executive who oversaw the transaction, emphasized that the acquisition presents a fantastic opportunity for the business to thrive as part of a larger group. Both parties worked diligently to finalize the deal, leading to a successful conclusion.