News

Abbey Logistics acquires leading liquid food transport company

Abbey Logistics Group has acquired Armet Logistics Ltd, one of the leading bulk liquid food transport companies in the UK.

Founded in 2001, Armet Logistics has a large, modern liquid bulk road tanker fleet, and a state-of-the-art tank wash facility in Liverpool. It has built a strong reputation in the food sector and operates on behalf of some of the UK’s largest food ingredients manufacturers.

Armet Managing Director Charles Lucy will remain with the business as a Director and the Armet brand will be integrated into the Abbey brand following a period of familiarisation.

Terms of the transaction were not disclosed, but the combined businesses are expected to generate a turnover in excess of £70 million in 2017/18 and employ circa 700 people in the UK, with plans to grow to over £100 million in revenues by 2021, creating a further 300 jobs.