EmergeVest, the Hong Kong based private equity fund has acquired NFT Distribution from Phoenix Equity Partners.
Jamieson Corporate Finance advised David Frankish (CEO) and the other senior managers of the company on the terms of their deal including their reinvestment terms alongside EmergeVest.
NFT is a food & drink logistics company located in the UK. The company handles distribution, transport & warehousing for chilled, ambient or frozen food & drink products from production line to retailer distribution centres. Headquartered in Derbyshire, NFT operates from seven sites across the UK, leases a fleet of approximately 380 trucks, and employs more than 2,000 staff.