LDC invests in Cleveland Containers
27 Jun 2022
As soon as we met Gareth and Naomi at LDC, we knew that LDC was the right partner to support our growth plans. They have helped to bring in new experience and perspectives to our business, and it’s a real benefit that their Newcastle office is only a short distance away. We feel well supported to continue our growth from our base here in the North East.”
Gareth Marshall, Partner and Head of LDC in the North East, added: “Johnathan, Jane and the team at Cleveland Containers’ commitment to customer service has been key to their growth. As a result of their efforts and creativity, we’re seeing an increasingly innovative use of containers across the UK. We’re looking forward to helping the business to bring the right container, site accommodation and modular turnkey solutions to even more customers.”
LDC has a strong heritage of supporting the growth of businesses within the logistics and warehousing sector. The private equity firm has successfully backed the nationwide growth plans of independent home delivery company Panther Logistics, including creating 300 new jobs and tripling profits, and supported pallet distribution services provider The Pallet Network (TPN) for ten years – helping the business to treble revenue, open new sites and make complementary acquisitions in the process.
Cleveland Containers was advised by UNW and Womble Bond Dickinson.
LDC was advised by Grant Thornton, Weightmans and Fairgrove Partners.