Logicall Group performs PPA for acquisition of Drake & Farrel

Logicall Group, an international logistics service provider, has engaged the expertise of Match Plan for the valuation of various intangible assets for the acquisition of Drake & Farrel.

This valuation was essential for the accounting treatment of the acquisitions, in line with applicable accounting guidelines. Through a Purchase Price Allocation (PPA), the value of intangible assets, such as brand value, customer relationships and technologies, was accurately determined. This detailed valuation enabled Logicall Group to correctly account for the acquisitions in their financial records and provided insight into the impact of the acquisitions on their overall enterprise value.

Global logistics solutions

Drake & Farrel Management is a specialist in logistics solutions, with a focus on optimizing supply chains and transportation processes. The company provides customized solutions that help businesses improve efficiency and reduce costs, making it a reliable player in the logistics sector.

The acquisition of Drake & Farrel provides Logicall Group with the opportunity to further expand its existing logistics services and strategically deploy them for future growth.

Maximum synergy through various businesses

Logicall Group consists of several businesses that collectively provide a powerful network of logistics and supply chain solutions. The group's businesses include VCK Logistics, Rollema, Shipcloud and 12Return, among others, covering a wide range of services from transportation and warehousing to order fulfillment and returns processing. This diversity of businesses allows Logicall to respond flexibly to the specific needs of their customers, both locally and internationally.

The integration of these businesses uniquely positions Logicall to achieve economies of scale and increase efficiency. Their extensive services and global locations allow the group to offer cost-effective and customized logistics solutions. This synergy strengthens their competitive position and allows customers to optimize their logistics processes.

Match Plan's role during the valuation

Match Plan assisted Logicall Group in the valuation of the intangible assets for Drake & Farrel Management. During this process, the value of the assets was accurately determined, which was essential for the accounting treatment of the acquisitions. Richard Peeters, Director of Valuation at Match Plan, was responsible for the execution of this valuation assignment.

Match Plan has performed multiple Purchase Price Allocations for Logicall in recent years, giving us extensive experience in supporting their growth and properly processing acquisitions. The valuation enabled Logicall Group to correctly process the acquisitions in their financial records and gave them the necessary information to make strategic decisions about future investments and cooperation. Match Plan's detailed approach to the valuation contributed to a transparent process, providing all parties involved with a good understanding of the impact of the acquisitions on their operations.