Management Buyout of ILG

Grant Ashley, the man who started International Logistics Group and has run it as CEO for the last 25 years, has retired from the company through a management buyout. Mike Stephenson, MD, and four members of the management team have acquired the business. Grant was also a founder member and Chairman of the BHBPA in its early days, and has been associated with business in Burgess Hill and Gatwick for many years.

ILG has grown to become a market leader in fulfilment and international delivery services with a growing specialism in the fashion and beauty sector. Commenting on the buyout, Mike Stephenson said, “we are committed to growing the business in Sussex and neighbouring counties and to continuing to provide first class services to local businesses”

Grant told me this week that he is well, and trying to adjust to not having a business to run after 25 years. He is “looking at some new opportunities so with that in mind if you have any members who need some support, advice, a project, a Non Exec role or anything else broadly interesting or exciting please feel free to promote me!”   Now there’s a useful man to consult for advice about running a business!

We wish Grant good luck with his new ventures and of course we hope to retain ILG as valued members of the BHBPA.

 

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