01. June 2016 -

Palletways, Europe's largest provider of express palletised distribution services, today announces that Imperial Holdings Limited has agreed to acquire the business from current shareholder Phoenix Equity Partners for a total transaction value of £163 million.

The acquisition affirms the success of the current management team and the previous owner in developing the business' value and reach through geographical expansion, and investment in Palletways' sector leading services. 

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