- 26 June 2019
- Transport / Logistics Services
Financial sector express delivery firm Global Options Worldwide Express Ltd has been acquired by Crossflight for an undisclosed sum. This is part of Heathrow based Crossflight’s growth strategy.
Eddie Meyer, MD of Global Options and CEO of South African parent company Globeflight, commented: “It was important for us to find an extremely high-level operator in the UK who would acquire Global Options and we found that only Crossflight could meet our criteria of exceptional service levels together with commitment to staff, growth and technology.”
Richard Stoughton, founder and Chairman of Crossflight, added: “Our strategy is driven by both organic sales growth and acquisition.
“We grew our sales organically by over 30% in the last year, and our EBITDA by over 40%. Crossflight and Global Options are both principally B2B service providers with an outstanding record of service excellence; this acquisition strengthens our businesses significantly and provides both customers and staff with advanced and cohesive quality and care that we believe is hard to rival.”