Terminal operator Peel Ports Group has announced that it has acquired leading UK and Irish shipping company Quality Freight Limited for an undisclosed sum.
According to a statement, the purchase of Quality Freight is central to Peel Ports’ attempts to extending its services and becoming a central pillar in UK-wide trade and logistics.
It is the latest development for Peel Ports, which has to increase and streamline trade across the UK and develop the country’s ports and wider maritime sector.
In January 2019, PTI reported that Maersk and MSC, the two biggest shipping liners in the world, had committed to the Peel Ports-run Port of Liverpool.
Furthermore, a video published in February 2019 also shows how the Port of Liverpool’s deep-water container terminal has helped boost trans-Atlantic trade.
Speaking about the acquisition of Quality Freight, Mark Whitworth, Chief Executive, Peel Ports Group, said: “Our strategy is to be a leading UK provider of port centric logistics solutions. The acquisition of Quality Freight (UK) Limited is an important step in extending the range of value-added services beyond the core stevedoring and storage services typically offered by Peel Ports.
“We are looking to drive additional volume through our infrastructure and the Quality Freight business model will allow us to deliver that objective.”
Sebastian Gardiner, Managing Director, Quality Freight, also commented: “I believe that this is an important milestone which will allow the Quality Freight business to both continue growing and allow it to explore other opportunities with existing and new customers.”