Simarco Purchase Two New Companies

UK – Freight forwarder Simarco International announced it was acquiring two other UK outfits, Formula Goss International (FGI) and Sutch and Searle. Formula Goss specialises in both air and European road freight through its Bedford office with daily services to Italy and Gibraltar, something the new owners say meshes well with their own Iberian network.

Sutch and Searle are a very well-known name in the industry, established in 1988 and based in Heathrow with what Simarco describe as ‘a top-quality list of loyal clients’ and says the two purchases are in line with the group strategy to develop its own air cargo side. The new acquisitions follow the purchase of Stoke-on-Trent based IFB, in April 2014.

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