Carousel Logistics Ltd
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Carousel Logistics Ltd - overview
Established
1986
Location
-, Kent, UK
Primary Industry
Logistics & Distribution
About
Carousel Logistics Ltd is a UK-based logistics provider specializing in time-critical distribution and transport solutions across various industries, ensuring prompt and reliable delivery services. Carousel Logistics Ltd, founded in 1986, operates in the logistics sector, offering tailored supply chain solutions. The company has maintained its focus on time-critical logistics and has not reported any major pivots in its business strategy. Headquartered in the UK, Carousel Logistics was involved in two deals, with the most recent deal occurring on January 12, 2022.
In this transaction, Axcel acquired Carousel Logistics from Livingbridge, although financial terms were not disclosed. Following the acquisition, Carousel Logistics will operate under the DANX Carousel Group brand, combining operations with DANX A/S. The management of DANX A/S also participated in the investment for the newly formed group. Carousel Logistics specializes in time-critical logistics, offering flexible distribution and transport solutions tailored to industries such as agriculture, automotive, renewable energy, and material handling equipment.
Core services include supply chain solutions, linehaul, final mile delivery, customs brokerage, and returns management. Operating an extensive network across Europe and the UK, Carousel Logistics is designed to efficiently meet the increasing demand for reliable logistics solutions, enhancing operational efficiency for its clients through customized strategies. In the most recent financial year, Carousel Logistics reported a revenue of USD 32. 61 mn and an EBITDA of USD 8.
10 mn. Revenue is primarily generated through B2B partnerships in the manufacturing, automotive, and industrial sectors, where clients contract logistics solutions based on specific operational needs. Carousel Logistics aims to enhance its market presence by expanding into new geographical regions and developing new product offerings. The focus is on leveraging the recent acquisition by Axcel to create a stronger brand under the DANX Carousel Group banner.
Funding from the acquisition will support these initiatives, which include exploring additional markets to enhance service capacity and efficiency, although specific product launch dates and target markets have yet to be detailed.
Current Investors
DANX Carousel group
Primary Industry
Logistics & Distribution
Sub Industries
Warehouses, Trucking, Freight Transportation Services, Logistics Software
Website
www.carousel.eu
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Carousel Logistics Ltd - timeline of key events
Carousel Logistics Ltd - financials
| Fiscal Year Ended | Dec 31, 2010 | Dec 31, 2011 | Dec 31, 2012 | Dec 31, 2013 | Dec 31, 2014 | Dec 31, 2015 | Dec 31, 2016 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 14,007,690 | 15,874,816 | 16,746,991 | 13,684,949 | 16,317,732 | 16,800,277 | 21,436,042 | 25,316,998 | 26,114,401 | 28,192,185 | 24,488,098 | 23,705,300 | - | - | - |
| % Revenue Growth (YoY) | - | 13.3% | 5.5% | (18.3%) | 19.2% | 3.0% | 27.6% | 18.1% | 3.1% | 8.0% | (13.1%) | (3.2%) | - | - | - |
| EBITDA (USD) | 1,147,604 | 1,284,929 | 1,810,645 | 1,305,472 | 1,702,847 | 1,807,891 | 2,144,254 | 2,556,589 | 1,868,423 | 2,145,759 | 2,807,597 | 5,887,859 | - | - | - |
| Operating Income (USD) | 1,027,228 | 1,102,103 | 1,582,033 | 1,185,580 | 1,588,534 | 1,661,649 | 1,955,310 | 2,341,100 | 1,627,472 | 1,813,662 | 2,536,203 | 5,577,711 | - | - | - |
| Operating Margin | 7.3% | 6.9% | 9.4% | 8.7% | 9.7% | 9.9% | 9.1% | 9.2% | 6.2% | 6.4% | 10.4% | 23.5% | - | - | - |
| % EBITDA Margin | 8.2% | 8.1% | 10.8% | 9.5% | 10.4% | 10.8% | 10.0% | 10.1% | 7.2% | 7.6% | 11.5% | 24.8% | - | - | - |
| NET Income (USD) | 729,857 | 791,484 | 4,151,380 | 1,388,578 | 1,405,426 | 1,434,459 | 1,718,010 | 2,077,715 | 1,581,981 | 1,100,891 | 1,925,759 | 4,185,116 | - | - | - |
| % Net Margin | 5.2% | 5.0% | 24.8% | 10.1% | 8.6% | 8.5% | 8.0% | 8.2% | 6.1% | 3.9% | 7.9% | 17.7% | - | - | - |
Carousel Logistics Ltd - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on, Trade Sale | Completed | Carousel Logistics Ltd | - | ||||||||
| Add-on | Completed | Bespoke Distribution Aviation Limited | - | ||||||||
| Add-on | Completed | LSi Logistiks | - | ||||||||
| Growth | Completed | Carousel Logistics Ltd | - |
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Carousel Logistics Ltd - employee data
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