DFDS acquires McBurney Transport Group for £138 million

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DFDS acquires McBurney Transport Group for £138 million

DFDS acquires McBurney Transport Group for £138 million
January 11
09:10 2023
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DFDS, the European ferry and transport services giant, has agreed to acquire 100% of McBurney Transport Group headquartered in Northern Ireland. McBurney is focused on moving cold chain and dry goods in trailers by road and ferry between the island of Ireland and the UK. DFDS is acquiring McBurney for a debt-free price of DKr1.2 billion (St£138 million).

The majority of cold chain goods are moved for food producers and retailers requiring high reliability and efficiency. Warehousing, distribution, and other logistics services are also provided.

McBurney is headquartered in Ballymena and operates from eight different locations: three in Northern Ireland, one in Ireland, three in England and one in Scotland. In Liverpool, McBurney operates a 25,000-pallet cold store, which facilitates the transport of cold chain goods throughout the UK.

Operating under the name Bondelivery, McBurney also owns a 10,000 sq m ambient warehouse in Northern Ireland focused on fulfilment for the retail sector and last mile delivery on the island of Ireland.

McBurney is an asset-backed transport provider to ensure the reliability, flexibility, and efficiency required by food producers and the retail sector. The company has over 800 employees and operates around 400 trucks and 1,360 trailers of which 955 are refrigerated trailers. The majority of the equipment is owned.

McBurney was founded in 1965 by Norman McBurney, OBE.

Strategic fit
The acquisition is aligned with DFDS’ strategy of growing solutions within cold chain logistics. The acquisition also develops and expands DFDS’ transport network that is focused on moving goods in trailers by road, rail, and ferry. McBurney will become part of the Logistics Division’s Cold Chain business unit.

The acquisition of McBurney Transport Group is aligned with DFDS’ strategic focus on cold chain logistics, it overlaps with existing activities in the region, and offers opportunities to connect with other parts of DFDS’ pan-European transport network.

“The acquisition of McBurney Transport Group greatly enhances the scope of our customer offerings on the island of Ireland and in the UK, particularly towards the resilient food sector. It also brings considerable scale to our existing operations in the region,” said Torben Carlsen, CEO of DFDS.

“By becoming part of DFDS we gain access to new development opportunities. I am certain the wider market coverage, including access to DFDS’ extensive transport network, will benefit our many longstanding customers. I am confident that our many loyal and dedicated employees will be comfortable and happy after this transaction,” said Norman McBurney, OBE, founder of McBurney Transport Group.

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