Bates Weston advises on sale of Derbyshire logistics group

May 9, 2024

The corporate finance team at Bates Weston have advised on the sale of Alfreton based Silver X Group and Bow Distribution and Warehousing to GBA Logistics. GBA is headquartered in Preston and has branches across Europe.
As a family-owned business, Silver X has grown a culture of care and dedication, placing a premium on building lasting relationships with customers and partners alike. GBA intends to keep the well-known brand names of Silver X and Bow, and the existing management teams led by Gavin Burgess (Managing Director and founder) will join the GBA family. The merged companies will work together on leveraging their strengths for mutual growth.

Gavin Burgess commented “I am very excited about the future as part of GBA Logistics. GBA’s wide range of services and excellent European network will turbocharge Silver X’s growth plans”.

Nicola Bullock, Partner at Bates Weston added “Gavin and his team at Silver X have built a successful logistics group based on customer service excellence and integrity and represents a strong fit with GBA”.

More posts you might like

Gifts out of surplus income

Gifts out of surplus income

In some circumstances it is possible to make a gift out of surplus income which is immediately exempt from Inheritance Tax (IHT), meaning the usual 7 year survival of the donor is not needed to exempt the gift.

read more
Xero Platinum partner logo
ICAEW logo

Looking to grow? Take the next step

From compliance to growth, our accounting firm in Derby has you covered. Call us to see how we can help.

Got a query?
We’re here to help – just ask