November 2023
Logistics
Background
Elanders has today acquired all shares in the English contract logistics company KAMMAC Ltd (“Kammac”).
Kammac has developed a unique concept where they offer their customers maximum storage flexibility through a network of 15 warehouses in northwest England. Several warehouses offer services such as bonded warehouses and temperature-controlled environments.
Kammac also has a license to handle medical products such as pharmaceuticals and their components. The company has a solid business model and during the past three years has grown on average by about 20% annually with good profitability.
Magnus Nilsson, President and CEO Elanders commented:
“I am very impressed by the company that the owner, Paul Kamel, and Ged Carabini, Chief Operations Officer, have developed together. They have created a successful company where the business model focuses on offering customers a high level of flexibility for interim storage of their products and components.
The company is successful because they have built up a cluster of warehouses close to each other, and this creates both large scale and competitive advantages. What Kammac is especially good at is maximizing resource utilization. We look forward to working together developing Kammac’s offer in the UK. We also see an opportunity to copy their business model in other countries where we operate.”
Ged Caribini, Chief Operations Officer Kammac shared:
“I am very proud of the growth we have achieved and the unique platform that we at Kammac have created in the past few years. With Elanders’ global base we will now be able to further grow in the UK by offering Elanders’ existing customers our solution.
We see great opportunities to develop our offer by using Elanders’ own developed platform for omnichannel solutions, which we already have request for. We are also convinced that our unique business model will create new business opportunities for Elanders in other markets”.
