Danx Carousel in the UK has purchased Alltrans, a full-service transportation and logistics company founded by Paul Tuohy in 1993.

Carousel Logistics, established in 1986 by Graham and Michael Martin, was acquired by Danish private equity investor Axcel earlier this year, along with Danx, and the two businesses were merged. The enterprise now trades as Danx Carousel.

With operations located in Dublin and Cork, Alltrans employs c.120 people and has a focus on wholesale distribution services, especially for the pharmaceutical and healthcare sectors.

Alltrans founder and CEO, Paul Tuohy will remain post-deal to facilitate a smooth transition. The company will then be headed up by its current managing director, Lochlann Doherty, who will be working with Carousel UK&IE operations director Andrew Lowery post-integration.

All operations, locations and account management teams, will remain unchanged.

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Paul Tuohy commented: ”By joining the Danx Carousel group, Alltrans is in a position to extend our service portfolio and offer a greater range of services, all for the benefit of our clients. The coming together of these two, like-minded businesses will also bring lots of opportunity to our staff, which is crucially important to me.

“Our many years of success have always been due to the commitment shown by our excellent team, so I’m happy they will also benefit from the training and development opportunities that will come from being part of a larger company.”

Danx Carousel group managing director, Western Europe, Lars Ryssel stated: “The deal brings together leading technology, robust services and enhanced account management, ultimately providing seamless end-to-end solutions that will meet and exceed client expectations.

“Alltrans is a great fit for Carousel and the wider group. The company has a similar culture to us, and we are well matched in the belief that our teams are central to our success.”

DPF Consultants Ltd, the Alltrans operating company, booked a net profit of €720,000 in the year to August 2021, following a €520,000 surplus the year before.

Trade debtors at period end amounted to €1.8m, up from €1.4m a year earlier, and company net worth was €2.3m.

Non-cash financial assets in August 2021 were €1m, up from €100,000 a year earlier, and the company reported interest income of €140,000 on this asset.

The company was owned 50/50 by Paul Tuohy and Karena Maguire.