Dachser has acquired an 80% stake in Irish 3PL Johnston Logistics. The acquisition comes into effect immediately and Johnston will be rebranded under the Dachser name in the coming months.
The two companies had worked in partnership together since 2007. Johnston Logistics has since tapped into international markets and utilises daily departures to Dachser’s European overland network.
Michael Shilling, COO Road Logistics at Dachser said of the acquisition “In Johnston Logistics, we’ve acquired a well-established family company that we’ve worked with and trusted for a long time, and we see this investment as an exciting opportunity to further enhance our all-important European network.”
Johnston Logistics was founded in 1979 and serves Ireland and the UK. It employs 150 people, with warehouse and operations facilities spanning approximately 40,000 sq m.
The acquisition of Johnston, who turned over €24m in 2016, will increase Dachser’s ability to serve the chemical, pharmaceuticals, hardware, plastics, and packaging markets.
Co-founder of Johnston Logistics, Alan Johnston, will remain a shareholder and managing director of Dachser’s new subsidiary in Ireland. The company’s current management team will also remain in place.
Source: Dachser/Johnston Logistics