A New Road Ahead For N R Evans
- AuthorBetsan Powell
Specialist haulage company N R Evans has been bought by NFT Distribution Group in a deal which valued the business at more than £20 million.
The N R Evans fleet of controlled temperature distribution vehicles is one of the most recognisable on the UK’s roads. With an HQ in Carmarthenshire, the business operates out of nine depots across Wales and England.
N R Evans is one of the ten biggest temperature controlled distribution companies in the UK, delivering more than £500 million of chilled products each year. JCP Solicitors acted for founder and majority shareholder Neil R Evans (seen left). Betsan Powell, Director and Joint Head of Corporate at JCP Solicitors, said: “I am delighted to have been able to support Neil throughout the sale process and to help him realise his hard work and commitment to the business over many years."
“Here at JCP Solicitors we specialise in corporate transactions of all sizes and values.
“A transaction such as this one comes with its own complexities and, of course, when a business has started life as a smaller, local concern and blossomed into a great success story, like N R Evans, those at the helm feel an added sense of care and responsibility for the future of the company – so there is always an emotional aspect to a deal like this one.
“I am pleased to see this transaction come to satisfying conclusion and I wish Neil every success in the next stage of his professional life.”
Neil Evans, founder of N R Evans, said: "Having developed the NR Evans brand over a number of years I am extremely proud of what we have created, and I believe strongly in the potential of the combined NFT Group, and in our people who deliver service excellence day in day out to our customers.
"In NFT we have found a like-minded business that places the customer at the heart of what we do.”