Horizon International Cargo Limited
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Horizon International Cargo Limited - overview
Established
1991
Location
Slough, Berkshire, UK
Primary Industry
Logistics & Distribution
About
Horizon International Cargo Limited, based in the UK, specializes in logistics and cargo management solutions that enhance supply chain efficiency through innovative digital platforms. Horizon International Cargo Limited provides logistics and cargo management services. Founded in 1991, the company is headquartered in Slough, UK. It has been involved in a single deal, with its most recent deal occurring in October 2021 when it was acquired by Scan Global Logistics A/S.
Abhishek Soni is noted as the founder. Horizon International Cargo Limited specializes in providing innovative logistics and cargo management solutions to enhance supply chain efficiency. Their offerings include a comprehensive digital platform for shipment tracking, cargo consolidation, and route optimization, tailored for importers, exporters, and logistics providers in sectors such as manufacturing, retail, and e-commerce. Their solutions cater to clients across major geographical regions, including North America, Europe, and parts of Asia, addressing various logistical challenges.
In the most recent year, 2023, Horizon International Cargo Limited reported a revenue of USD 57. 75 mn, with an EBITDA of USD 5. 35 mn. The company operates on a subscription-based model, enabling clients to access its logistics management tools and services, while also engaging in B2B transactions with logistics providers and freight companies.
Following its acquisition in October 2021 by Scan Global Logistics A/S, part of a strategic expansion across Europe, Horizon International Cargo Limited is likely to focus on enhancing its product offerings and expanding into new geographical markets. Specific plans for upcoming products and their potential release dates have not been disclosed; however, the recent acquisition reflects a commitment to growth in the logistics sector.
Current Investors
Scan Global Logistics A/S, TransGroup Worldwide Logistics
Primary Industry
Logistics & Distribution
Sub Industries
Warehouses, Freight Transportation Services
Website
www.hicargo.com
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Horizon International Cargo Limited - 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 | Completed | Horizon International Cargo Limited | - |
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