HK-based EmergeVest buys UK logistics firm CM Downton for $103m

HK-based EmergeVest buys UK logistics firm CM Downton for $103m

Image from Downton's twitter.

Hong Kong-based private equity EmergeVest has acquired the entire shareholding of CM Downton, the UK-based logistic group, from the Downton family in a £75 million ($103.62 million) transaction, according to its announcement on Wednesday.

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