Hogan Lovells advised shareholders on share purchase agreement for sale of Pentagon Freight Services to JAS Worldwide
Hogan Lovells advised the shareholders of Pentagon Holdings Limited on entering into a legally binding share purchase agreement for the sale (subject to regulatory approvals) of Pentagon Freight Services to global logistics and supply chain provider JAS Worldwide.
Pentagon Freight Services is a specialist freight forwarding, project logistics, and ships agency business with over 1,200 employees operating from 65 offices worldwide. The transaction marks a significant move in the global logistics sector and demonstrates strong market interest in high-quality logistics businesses with a global footprint.
Commenting on the transaction, James Cross (Partner) said: “We are pleased to support the shareholders on this strategic transaction with JAS Worldwide. Pentagon Freight Services is a leader in its field, and this deal reflects the strong interest in high-quality logistics businesses operating at a global scale. We look forward to seeing the business continue to thrive as part of the JAS Worldwide group.”
The Hogan Lovells team advising the shareholders was led by James Cross (Partner), with support from Alice Wallace-Wright (Partner), Tom Eyre-Brook (Counsel), Andy Poole (Senior Associate), Alex Hum (Associate), Seb Pell (Associate), James Dayman (Associate), and Rolando Virardi (Trainee Solicitor).
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