• Date

    08 Jul 2024
  • Category

OIA Global Acquires Sandford Freight Limited

Azets Ireland advises on the sale of Sandford Freight Limited to OIA Global.

Azets Ireland is delighted to have advised Sandford Freight Limited (“Sandford Freight”) which has been acquired by OIA Global. The well-established freight forwarding and logistics business expands OIA Global’s European network to include Ireland, a key market for the global industry verticals supported by OIA, while enhancing its reach to 27 countries with over 50 owned offices worldwide.

The Corporate Finance team was led by David Lucas, Jack Swinburne and Tom Kenny while Catherine McGovern and Danny Cusack provided tax advice to the shareholders. Marcus Lynch of Marcus Lynch Solicitors LLP acted as legal advisors to Sandford Freight.  

Brían Falvey, CEO of Sandford Freight commented:

“OIA Global is a great partner for our business, committed to long-term growth and development of the company, as well as our people. With a reputation for high-standards, innovation and trust-based relationships with clients, their values and approach are highly complementary to our business, and we look forward to working with them to continue delivering quality service standards to our clients.

Azets Ireland were instrumental in supporting Linda Canavan and I through this transaction. David Lucas, Jack Swinburne and Tom Kenny on the Corporate Finance side and Catherine McGovern and Danny Cusack on the tax side were with us every step of the way and we truly could not have completed such a great deal without their support, guidance and advice throughout the process. We would thoroughly recommend Azets Ireland and the services they provided to us.”.

 

Youssef Annali, CFO of OIA Global, commented:

“This strategic acquisition enhances our competitive strength and underscores our commitment to sustained growth, network expansion, investments in growth verticals, and high-touch customer service.”

 

Jeff Barrie, CEO of OIA Global, commented:

“We are delighted to welcome Sandford Freight into the OIA Global organization. The acquisition aligns with our long-term growth strategy to support our customer’s diverse networks, providing reliable local support. Sandford Freight has an impressive presence in Ireland, and the team has a long history of supporting the unique needs of customers in the electronics, healthcare, and retail and lifestyle vertical markets.”

 

Azets Ireland acted as corporate finance advisors to the shareholders of Sandford Freight Limited. David Lucas, Partner at Azets Ireland commented:

“We are really pleased to have acted on behalf of Sandford Freight as they join OIA Global. The individuals involved are remarkable, displaying dedication to both the business and its market. Working with everyone has been a pleasure for my team and me, and we extend our best wishes to all for the future.”

 

About Sandford Freight Limited

Established in 1979 and based in Dublin, Sandford Freight grew to become a leader in the freight forwarding and logistics service industry. By collaborating with strategic partners, they have delivered international freight forwarding and logistics services to a global clientele. Understanding clients’ logistical needs, they built enduring business partnerships and invested in technology to provide real-time information. Known for their personal touch, representatives were readily available for customer assistance, ensuring satisfaction and adaptability to changing global trends.

 

About OIA Global

OIA Global delivers resilient end-to-end supply chain solutions that adapt to a dynamic world. As a trusted partner for leading companies across the globe, OIA Global provides exceptional service with sustainable results. Specializing in the unique needs of the automotive and mobility, electronics, energy, healthcare, industrial, and retail and lifestyle industries, OIA Global goes above and beyond to find the path to success for every customer.

OIA Global’s headquarters are in Portland, Oregon, USA, where the company was founded in 1988. Its extensive footprint spans 25+ countries, encompassing 50+ owned offices and a team of over 1,100 professionals. The company is privately owned by LDI, Ltd., a family office with more than a century of experience funding and operating high-potential, middle-market companies.

See full press release here: https://www.oiaglobal.com/company-news/oia-global-acquires-sandford-freight/

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David Lucas

Partner | Head of Corporate Finance
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