BDO Midlands has provided financial and tax due diligence and tax structuring services to Yusen on the acquisition of ILG.
Yusen is a member of the leading international freight forwarding, contract logistics and transportation group listed on the Tokyo Stock Exchange.
ILG offers bespoke fulfilment, warehousing and logistics / delivery services to around 500 clients in the UK and worldwide. Offering a comprehensive pick, pack and ship service for well-known brands in the retail, fashion and beauty sectors, ILG will be a great addition to Yusen to further strengthen its e-commerce offering.
Yusen has worked with BDO over a number of years and their knowledge of the sector continues to be invaluable. We have always found the different service teams to be professional and responsive while interacting with us, our finance teams and other advisers. Our board felt that we were well advised on the key risks and we would certainly recommend BDO to others.
Andy Fitt, Managing Director, Yusen Logistics (UK)