Over the next few years, the 3PL market in the UK looks set to face a period of adjustment as well as growth. The result of future trade agreements between the UK and the European Union, plus the longer term effects of COVID-19, will see 3PL providers having to adapt international supply chains, and invest in new technology and e-commerce solutions that can deal with a greater demand being placed on the digital delivery of consumer goods.
The Office of Tax Simplification released their first report last week regarding the review of Capital Gains Tax (“CGT”) which was commissioned by Rishi Sunak earlier this year. The proposals made within the report are concerning to entrepreneurs who have yet to realise their value from their companies.
HMT advised leading renewable energy and travel sector company Fred. Olsen Limited on the divestment of SeaRoc Group Ltd, a leading provider of SaaS based industrial operational risk management software solutions to Vela Software Group, part of the $30bn+ CAD Canadian public company Constellation Software Inc.
Our international network ICFG is delighted to announce that another new member has joined our network in 2020. We are proud to welcome Dutch consultancy firm Match Plan Mergers & Acquisitions to the group, further strengthening our presence in a key European market and bringing new opportunities for cross border transactions to all parties.
The Government cancelled the Autumn Statement this week providing a welcomed sense of relief to business owners looking to sell. A small window of opportunity now exists to sell before the predicted threat of increased Capital Gains Tax (CGT) rates.
Our international network ICFG is delighted and proud to announce the new membership of India based Pantomath Group to the network, strengthening the global reach of ICFG, as well as broadening international opportunities for the Mumbai head-quartered investment bank.