EV Cargo looks to float to fund further acquisitions


 

Logistics group EV Cargo is mulling a GBP1bn London stock market flotation in a bid to raise funds to buy more companies.

However a spate of failed flotations in the UK may lead it to play safe and chose either the New York or Hong Kong stock exchanges, according to founder and chief executive Heath Zarin, who said he aims to make the company one of the world's top 20 logistics firms.

EV Cargo includes CM Downton, NFT Distribution, Palletforce [...]



Please login or create a FREE account to read the full article.