-
Sector Port Operations Location The Humber Transaction Growth and buyout Deal size £20m Investment 2007 -
YFM showed great insight in backing our business against prevailing investment trends. Their support and involvement throughout has helped shape our business for many years of strong growth to come
Peter Aarosin, CEO RMS Europe
-
The business
- Shipping, warehousing and logistics service for import and export cargos
- Handling over 2 million tonnes of cargo a year
- Six port operations around the Humber and River Trent, including one of only two covered terminals in the UK
-
Key Strategy
- To capitalise on the businesses strategic inland sites and grow revenues
- To repay funding from strong cash generation and asset backing
-
The developments
- Introduced a new Chairman
- Opened a new operation in Hull
- Introduced flexible staffing structure to encourage integration
- Opened a logistics and skilled labour supply division to provide a full service to clients
- Half of YFM loans repaid early in 2011