The Silver X Group, the Alfreton-based logistics company, has acquired neighbouring logistics firm, Bow Distribution and Warehousing Limited.
Bow Distribution is a warehousing and haulage company that specialises in pallet distribution and is one of the UK’s largest members of the United Pallet Network (UPN).
The Silver X Group deemed the company an excellent bolt on opportunity to expand its growing service offering as well as adding an extra 36,000 feet of warehousing capacity and an experienced management team.
The Silver X Group’s MD, Gavin Burgess, said: “As soon I was aware Bow was available, I saw it as a great opportunity to combine two great local Derbyshire logistics brands, expand our service offering and create a company that not only provided its clients a greater range of services but also secured a more stable future for both sets of employee’s and businesses.
“The friendly, customer centric focus of both companies fits well together and I’m looking forward to synergising the two brands to create one large cutting edge logistics company with two distinct brands and service offerings as we progress through the decade.”
Bow MD, Paul Howarth, added: “I’m getting towards the back end of my career and although I’m not done yet, I wanted to make sure the company and the team were in safe hands moving forward
“The group now not only handles pallets but we can also offer ecommerce fulfilment, sameday courier and road haulage, home and retail deliveries, as well as occupying over 124,000 foot square of warehousing space. I’m staying operational within the group so it’s a very exciting time for all involved.”
Paul Howarth will join Gavin Burgess and James Foskett on the board.