Carousel announces acquisition of AYS logistics
04 August 2016
Latest update in our rigorous acquisition strategy
Carousel has announced the acquisition of AYS Logistics. The deal was completed on 2 August 2016.
AYS, headquartered in Solihull, West Midlands, currently employs 36 people in the area. At its core, its key service offerings include time-critical and express deliveries, warehousing, specialist two-man deliveries, as well as same-day transport solutions for various items including those that require careful handling or additional security.
The whole team at AYS will join Carousel's award-winning team including Jane Weaver, who will be joining the business development unit.
This latest deal is part of Carousel's on-going acquisition strategy and solidifies its position in the West Midlands to support its growing pan European operations.
Commenting on the deal, Graham Martin, CEO at Carousel says, "We are delighted to announce the acquisition of AYS, a critical part in the continuing execution of our rigorous growth strategy.
"AYS is complementary to Carousel's service offerings in the agriculture, renewables and medical device sectors. It will also enhance our By:Night delivery service as part of our growing offering to the aftermarket sector and our field engineer and dealer deliveries. In bringing AYS's expertise in-house, we will greatly enhance our service offering supported by a like-minded team focused on a transparent and first class service.
"This is a fantastic opportunity and we are pleased to welcome Jane and the team to the organisation and look forward to our future successes together."
Jane Weaver, Managing Director, at AYS Logistics said: "We have worked with Carousel for more than 10 years, and during this time we have supported it with its engineer and aftermarket logistic solutions, proving to be a reliable and trusted supplier in their partner network.
"Carousel has a 30 year track record in the industry and this acquisition is a great match, bringing together two expert providers which both continually look for innovative ways to advance their service offerings and add value to the customer. We're very excited about what is to come and delighted to become part of Carousel."
AYS will be renamed to reflect ties to its parent company 'Carousel', with immediate effect.
The name change will not however affect the business operation of AYS nor its current contracts with existing customers and partners.
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