The Banking and Corporate teams from Burges Salmon have advised Santander UK plc on the financing of the management buy-out of International Logistics Group (ILG).
The Burges Salmon team, led by partner Rachael Ruane, advised Santander on the banking and corporate aspects of the transaction including all finance documents and due diligence on the acquisition documents and investment agreement.
ILG, a group of logistics companies, is a leading provider of fulfilment services, international couriers and outsourced warehousing solutions. Started in 1990, it has evolved alongside the e-commerce wave and major developments in the courier and freight industries.
Rachael Ruane said: “We were pleased to advised Santander on this matter and we look forward to building on this and further cementing our relationship with this long-standing banking sector client.”