Arbuthnot Commercial ABL supports Emerge Global's investment in BritAm Shipping
Arbuthnot Commercial ABL (ACABL) has delivered another strategic facility enhancement to support Emerge Global’s investment in BritAm Shipping.
ACABL provided a new £2m facility, bringing Emerge Global's facility limits to £8.25m, delivering a flexible working capital platform to drive the Group’s impressive growth ambitions.
Following the successful backing of the first Emerge investment in September 2021, ACABL has now supported five strategic investments, driving an eight-fold turnover increase.
BritAm Shipping is an Essex-based freight forwarder and logistics provider, servicing a global customer base through sea and air freight services. Founded in 2010, Britam Shipping started out by offering refrigerated services from Latin America and handling containerised imports of foodstuffs from the USA. The company added import services from the Far East and India and then began offering export and breakbulk/project services to Latin America. By 2020, BritAm had commenced offering global export and import airfreight services.
Emerge identified the business as an excellent strategic addition to the Group because of its blend of traditional haulage with international freight forwarding, complementing Emerge’s existing business perfectly and providing access to new sales channels and trade routes
Mark Bigley, Director of Emerge Global, said:
“Our close working relationship with the Arbuthnot team was first formed in 2021 when we made the strategic decision to invest in Berser International Cargo Services. Very early on, we sat down together and mapped out our strategy for them, and now, five years later - Britam marks the fifth investment the Arbuthnot team has supported us with. Arbuthnot ‘got us’ from the start. The trust and honesty we mutually enjoy means we can have very early open discussions, pre-investment. Like all our investments, the team instinctively sees the structural-strategic fit and totally gets behind us.
BritAm is an important new chapter for Emerge. The business fits perfectly across international freight, warehousing, and road distribution, delivering an exciting additional growth engine for the Group. We are delighted to continue to have Arbuthnot Commercial ABL at our side as we continue our story.”
Andrew Rutherford, Commercial Director at Arbuthnot Commercial ABL, added:
“It’s testament to our relationship with the Emerge management team that our relationship continues to go from strength to strength. It all comes down to trust and mutual support, which is the way we always like to do business”
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