Deal Announcement: Drake & Farrell Sale to B.V. Logicall Trusted Logistics

Corbett Keeling, in partnership with DEX International M&A, is delighted to have advised Drake & Farrell, a reverse and refurbishment logistics provider leading in sustainability, on its successful sale to B.V. Logicall Trusted Logistics, a portfolio company of Waterland Private Equity.

The combination of Drake & Farrell and Logicall will be unique in the logistics sector and will further improve the sustainability of their customers' supply chains. Drake & Farrell is on a mission to eliminate e-waste with a value-added circular supply chain solution for the Telecommunication, E-mobility, and MedTech industries. With locations in the Netherlands and the Czech Republic, Drake & Farrell has already saved millions of tons of electronic waste while decreasing its customers' working capital and ecological footprint.

David Engel, CEO of Drake & Farrell, said, “Together with the extensive services of Logicall, we will be able to offer significantly more value to our customers and amplify our efforts to rid the world of e-waste.”

Logicall is a one-stop-shop logistics provider. With 35 offices and more than 1,500 employees strategically located in twelve countries, Logicall provides seamless service across key locations.

Rob Linders, CEO of Logicall Group, said, “Drake & Farrell is a good fit with our one-stop-shop logistics services, and together we can further develop our activities around reverse logistics and refurbishment of electronic equipment, accelerating our efforts to create value for customers and enhance the circularity of their supply chains.”