RSM’s corporate finance team has advised the shareholders of Star Transport and Warehousing on the successful sale of the business to Howell Gordon Ltd.
Star Transport, headquartered in Thetford, was founded by Neville Marriott in 1964 and is today run by his three sons. Star is a leading regional provider of transportation and warehousing services and is a member of national pallet network Palletforce.
Stephen Orriss, corporate finance partner for RSM said: ‘The logistics sector has witnessed significant M&A activity in recent years, with operators keen to expand their geographical presence through strategic acquisitions. We were delighted to be able to advise a long-standing client like Star Transport, and we wish the business well in its next stage of development.”
Howard Marriott, director of Star Transport and Warehousing said: “It has been a pleasure working with the RSM team and I am truly grateful them for their commitment in getting the deal over the line. I would also like to thank our hardworking staff for growing the business to its current position’