Match Plan assists Norman Global Logistics with valuation

Description

Match Plan has supported Logicall Group with the valuation of various intangible assets for Norman Global Logistics. The valuation was required in connection with the accounting treatment of various acquisitions in accordance with accounting guidelines. This was done by performing a Purchase Price Allocation (PPA).

Logicall Group is the holding company of a group of companies that has been providing and coordinating logistics solutions for more than 145 years. Match Plan has already performed several valuations of various intangible assets for Logicall Group, formerly Janssen Group of Companies, including for Maltacourt, Patrans, Mondial Logistics, VCK Logistics, Rollema, Shipcloud and 12Return.

About Norman Global Logistics

Norman Global Logistics, founded in 1970, is an air and sea freight forwarding company with five locations in the United Kingdom and seven locations in Asia. With a team of more than 120 specialists, the business has provided logistics services for more than five decades, with a focus on reliable, efficient and cost-effective logistics solutions.

About Logicall

Logicall is an established logistics provider with 145 years of experience, offering a wide range of services including supply chain solutions, transportation (air, sea and road), warehousing, order fulfillment, package management and technical services.

With 35 strategically located offices in 12 countries, Logicall provides seamless service in key locations. Their mission is to optimize supply chains by combining logistics expertise with data insights and digital solutions. Logicall has reinvented itself from the Janssen Group of Companies, with a commitment to innovation and customer focus, supported by an all-in-one approach to logistics solutions. Their services include warehouse management, transportation, installation and returns handling.

Role of Match Plan

Match Plan has supported Logicall Group with the valuation of various intangible assets. This valuation was made for Norman Global Logistics and is required in connection with the accounting treatment of various acquisitions in accordance with accounting guidelines. This valuation assignment was performed under the responsibility of Richard Peeters, Director Valuations.

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