Deal Card: TM Logistics and PLS
BDO Corporate Finance acted as Lead Adviser to the shareholders of the holding company of TM Logistics ("TML") and Packaging Logistics Solutions ("PLS") on the disposal to Bibby Distribution. A family owned businesses for over 80 years, our team worked with Stephen and Grahame Taylor to prepare the businesses for sale and identify the right strategic purchaser. Worcester based TM Logistics ("TML") is a well known brand on the UK road network with over 120 vehicles supporting supply chain solutions for a strong list of "blue chip" international customers. Derby based PLS is a leading European provider of Plastic Returnable Transit Packaging solutions, a growing niche market in food and beverage packaging industry that links strategically with TML's customer base. BDO Corporate Finance is the UK's leading mid market adviser in the Transport and Logistics sector.
