REG - Logistics Dev Grp - Portfolio company update - acquisition

Logistics DevelopmentAnnouncement

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RNS Number : 5823E  Logistics Development Group PLC  15 May 2026

 

15 May 2026

Logistics Development Group plc

("LDG" or the "Company")

Portfolio company update - acquisition

The Company has been notified by WS Holdco Limited ("WS Holdco"), its
portfolio company, that it has acquired Walkers Transport Holdings Limited and
Madex Logistics Limited ("Acquisitions").

No additional investment into WS Holdco was made by LDG in relation to the
Acquisitions and, following the Acquisitions, LDG's interest in WS Holdco is
39.5%.

WS Holdco's press release on the Acquisitions is set out below:

"WS Holdco Acquires Walkers Transport Holdings Limited and Madex Logistics
Limited

 

WS Holdco is pleased to announce the acquisition of Walkers Transport Holdings
Limited, a specialist provider of pallet distribution services across the UK
and Ireland, together with Madex Logistics Limited, a London-based pallet
distribution business.

These transactions mark a further significant milestone in WS Holdco's
strategic growth journey and strengthen its position as a leading provider of
fully integrated logistics solutions in the UK. On completion, the combined
Group is expected to generate annual revenues of more than £400 million.

Walkers Transport's proprietary technology stack has positioned it at the
forefront of the pallet distribution sector, providing high-quality services
to a loyal customer base.  It also adds international freight forwarding
capabilities to the Group. Madex Logistics complements this with a
strategically located London hub and an international network extending into
mainland Europe.

By combining deep sector expertise, digital capability and a broader customer
base, the enlarged Group is well positioned to unlock cross-selling
opportunities, drive efficiencies and accelerate organic growth. The
transactions reinforce WS Holdco's ambition to build a scaled,
technology-enabled logistics platform with long-term customer partnerships.

We are delighted to welcome our new colleagues to the Group. Their experience,
expertise and strong customer relationships will play an important role in
supporting the continued success and accelerated growth of the combined
business."

 For Enquiries:

 Strand Hanson Limited (Financial and Nominated Adviser)     +44 (0) 20 7409 3494

 James Dance

 Richard Johnson

 Abigail Wennington

 Singer Capital Markets (Corporate Broker)                   +44 (0) 20 7496 3000

 James Maxwell - Corporate

Sam Greatrex - Sales

 

 

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