Springboard advise on cross border merger of Carousel and LSi Logistik
June, 2017 - Birmingham, England
Carousel is the UK’s leading personalised logistics supplier. An investee company of Livingbridge, the business designs and manages bespoke solutions for clients with customised specialist or high touch customer care requirements.
Established in 1986 and with operations in Kent and the Midlands, Carousel works with a number of blue chip clients. LSi provides similar services to Carousel operating in Germany, Spain, Portugal and Switzerland.
Springboard partner Simon Ward and Manager Matthew Guest advised Carousel on the merger. Simon commented “We have been supporting Carousel for some time in finding the right European partner. We are delighted to have completed the merger with LSi. The strategic and cultural fit between the businesses is outstanding.”
Commenting on the deal, Graham Martin, CEO at Carousel said “This announcement is the perfect coming together of two companies and one that is incredibly timely given the recent changes to the European landscape.
As individual companies, we each offer personalised solutions with a passion for excellence. We both start with our customers and work back from there to ensure we create the very best logistics solutions possible, and with such synergies it seemed only natural that the two companies should become one. During our time working together we have found that separately we’re great, but together we’re even better, so this merger is all about offering our clients even better solutions and more opportunities than ever before.”
