30 April 2019
DHT, a freight, logistics, and storage company, was founded by David Hathaway in 1976 and is today run by his three sons from their main office in Yate in Gloucestershire, employing 120 staff across two sites.
This deal marks Kinaxia Logistics 12th acquisition in seven years, and as with the rest of the companies within Kinaxia's haulage and warehouse group, DHT will keep operating under its current name, and management will remain the same, securing continuity for customers and staff.
We were engaged to support DHT through the negotiations, due diligence, and legal process as well as providing transaction tax advice to the shareholders.
‘I would like to extend my thanks to Ian Wherry and his team for their hard work and professionalism in getting the deal over the line.’
David Hathaway, Founder