DMN Logistics acquires EV specialist JLL Vehicle Distribution

DMN Logistics has acquired JLL Vehicle Distribution for an undisclosed sum to boost its electric vehicle (EV) and transported vehicle logistics operations.

Alvechurch-based JLL Vehicle Distribution, established as a father and son business in 2010, offers boutique and EV transport operations for Inchcape, Autorola, Audi as well as other large dealer groups, vehicle brokers and multiple brands.

Additionally, it provides delivery and vehicle transfer services to corporate and dealers alongside undertaking customer handovers.

DMN Logistics initially approached JLL Vehicle Distribution managing director James Lee to explore opportunities to work closely together and following extensive talks, both parties agreed upon a full acquisition of JLL.

The company said the acquisition will leverage increasing opportunities with many of the emerging Chinese OEMs, who are looking to expand into the UK and grow in the vehicle logistics marketplace.

Lee will remain in the business as managing director and will focus on building relationships, new business development and developing ways to improve operational efficiency.

Lee said: “This acquisition benefits both us and DMN Logistics.

“Our contacts can support DMN Logistics’ expansion while they are better equipped to support our infrastructure. It’s a win-win for both companies.”

Nick Chadaway, managing director at DMN Logistics, added: “Both our companies specialise in vehicle logistics but the scale we want to achieve in the marketplace cannot be accomplished as quickly as we hope if we are separate entities.

“We have ambitious plans to expand in the EV logistics and automotive sectors and this strategic acquisition will help achieve our aims.

“With the JLL business, we are able to capitalise on the opportunities presented by the new entrants and as EVs become mainstream.”