RMS
Location - Goole
Sector - Shipping, Stevedoring, Warehousing
Type - MBO/MBI
"The MBO presents an exciting new opportunity for me to work with a great management team and grow the business both organically and by acquisition. I look forward to working with YFM Group to continue to develop the group." Peter Aarosin, CEO
Based on the UK's busiest trading estuary, the River Humber, RMS Group provides shipping, stevedoring, storage/warehousing and supporting logistics services for both import and export cargoes moving between Northern Europe, Scandinavia and the Baltic, Russia, the Iberian Peninsula and the Mediterranean. In 2006, the Group handled in excess of 27,000 containers and 2.1 million tons of cargo through its strategically located port operations.
Our investment supported the £20m MBO/MBI of the RMS Group alongside a package of asset backed lending into this cash generative business.
Nigel Barraclough, YFM Private Equity says "We are delighted to back Peter Aarosin and his management team. We believe the ports sector is an exceptionally strong one, with good growth opportunities."