Cathay Investments acquires Rhys Davies Logistics
Cathay Investments is purchasing Rhys Davies & Sons Limited (RDL), a logistics transport and warehousing business, its second acquisition this year following the recent addition of Warehouse One Distribution Limited in September.
Ben Chaing, CEO of Cathay commented “We are delighted to announce our acquisition of RDL. RDL has always been determined to build long-term partnerships and exceed customer expectations. They will work together with our warehouse and logistics providers, WH1 and Amethyst Group Limited along with our freight forwarders PNC Global Logistics UK Limited (PNC) to expand our logistic business nationwide and enhance the range of services we can offer.”
Founded in 1952, RDL has a long history behind it. In the last two decades, the company has grown from a single base in South Wales to a national company with nine sites all over the UK. It mainly specialises in Total Logistics Solutions for customers who need demanding warehousing and distribution requirements. (mw)