Acquisition of William Reid Limited by Denholm Logistics Group

Deal typeTransaction Services
Sub-industryTransport & Logistics
Client nameDenholm Logistics Group Limited

Scruttons (NI) Limited, a subsidiary of Denholm Logistics Group, has acquired William Reid Limited.

Based at Belfast Harbour, William Reid, formed in 1930, provides stevedoring, port agency, short sea brokering and logistics services.  Through continued investment in equipment and infrastructure, not only is William Reid one of the leading stevedoring operations in Northern Ireland, it has also developed specialist quayside steel handling facilities that are unique on the island of Ireland.  The skills and expertise of William Reid complement Scruttons, which provides stevedoring of bulk cargoes and container handling at the Port of Belfast and Dublin Freight Terminal.

BDO provided financial and tax due diligence services.