17 Jan 2019 07:00
17 January 2019
XPEDIATOR PLC
("Xpediator" or "the Company" or "the Group")
Senior Management Appointment
Simon Youd appointed as Group Head of M&A and Integration
The board of Xpediator, (AIM: XPD), a leading provider of freight management services across the UK and Europe, is pleased to announce the appointment of Simon Youd as Group Head of M&A and Integration and to the Group's operational board.
Prior to joining Xpediator, Simon was a director of Woodland Group Limited ("Woodland"), the international logistic, freight forwarding and supply chain specialist. Following qualification as a chartered accountant, Simon worked as a corporate financier for Deloitte and then for Grant Thornton before entering the logistics industry by joining Woodland in 2009 as CFO. Since 2016, Simon has been responsible for sourcing, accessing and developing acquisition opportunities for Woodland alongside responsibilities for business development, contract negotiation and managing an internationally spread finance department.
Chief Executive of Xpediator, Stephen Blyth said: "I am very pleased Simon has joined us and I believe it reflects well on the Group that he has chosen to do so. Simon is a senior industry figure with strong M&A credentials and an excellent strategic understanding of the future direction of our industry. Xpediator is a platform upon which we are building a much larger business and Simon will play a key role in helping to manage the integration of new acquisitions alongside the identification and completion of new opportunities. We are looking forward to working with him."
Commenting on his appointment, Simon Youd, said, "I have been watching the expansion of Xpediator with interest and so I am delighted to be joining at this time when the Group is expanding successfully both geographically and through additional services. I believe our industry is ripe for further consolidation."
Enquiries
Xpediator plc | Tel: +44 (0)330 043 2395 |
Stephen Blyth, Chief Executive Officer | Email: info@xpediator.com |
Stuart Howard, Chief Financial Officer |
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SP Angel Corporate Finance LLP (Nominated Advisor & Joint Broker) | Tel: +44 (0)20 3470 0470 |
Jeff Keating |
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Caroline Rowe |
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Cantor Fitzgerald Europe (Joint Broker) | Tel: +44 (0)20 7894 7000 |
David Foreman, Michael Boot (Corporate Finance) |
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Caspar Shand Kydd (Sales) |
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Novella Communications (Financial Public Relations) | Tel: +44 (0)20 3151 7008 |
Tim Robertson |
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Toby Andrews |
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About Xpediator:
Xpediator is a well-established international provider of freight management services. Established in 1988 by CEO Stephen Blyth today the Group's International network of offices provides road, sea and air freight services, together with logistics and warehousing in the UK and Romania. The business offers integrated freight management within the supply chain logistics and fulfilment sector, through their three main areas: freight forwarding, logistics & warehousing and transport services. With headquarters in Braintree, Essex and country offices in nine CEE countries across 38 sites, the Group currently employs 938 people and was successfully listed on London's AIM market in August 2017.
For more information, please visit: www.xpediator.com.
Alternatively, do follow us on Twitter at @Xpediator or find us on LinkedIn at Xpediator Plc.