Culina Group, the UK market-leading provider of shared-user logistics services for food and drink companies, has announced an agreement to enter in to a joint venture with Morgan McLernon as from Monday 1st May 2017.
The terms of the agreement have not been disclosed.
The joint venture is a logical next step for both companies. Due to the strong partnership between Morgan McLernon and Culina Group business CML, it made great sense for Culina Group to bring Morgan McLernon into the family.
With a turnover fast approaching £500 Million, a workforce of nearly 6,500 staff and a fleet of more than 800 vehicles and 2,000 trailers, Culina Group is fast becoming a significant market leader in the Food and Drink Chilled and Ambient Logistics Sectors in the UK and now Ireland.
“Morgan McLernon and CML have been working superbly well together now for several years and it really was the logical next step for both businesses,” Said Thomas van Mourik, Chief Executive of Culina Group.
“This joint venture is a really positive development for both businesses. It’s an excellent fit which is going to provide great opportunities for both staff and clients on both sides of the Irish Sea”.
“This move significantly expands the geographical reach of our network. It will enable both organisations to improve services even further. We are acquiring some excellent contracts, a superb facility at Lurgan and a brilliant team of people.”
Following this joint venture Morgan McLernon is now the largest haulage operation in Northern and Southern Ireland.
“The Morgan McLernon Board believes this move makes strong commercial sense”, said Michael McLernon – CEO of Morgan McLernon,
“The combining of our two businesses will create major opportunities for significantly growing our market share on both sides of the Irish Sea.”
The primary aim is to ensure that all current and prospective customers continue to benefit from market-leading levels of service.