Independent logistics and warehouse services provider Europa Worldwide Group (EWG) is set to accelerate its UK and international growth following an eight-figure funding package from HSBC UK.
Headquarted in Kent, the company provides international freight and logistics services and will use the investment to support further expansion across its four core areas: Europa Road, Europa Air and Sea, Europa Warehouse and Frictionless Trade Services (FTS). This includes strengthening its European road network, expanding its international air and sea freight services, enhancing customs capabilities and supporting continued investment in UK warehousing, technology and people to meet rising demand from importers and exporters.
In addition, HSBC UK’s international banking capabilities will help drive continued operational efficiencies across the Group’s portfolio which includes sites in Belgium, the Netherlands, China, Hong Kong, India and the UAE. The business anticipates a 10 per cent increase in turnover in 2 years as a result of the funding.
Rob Jones, CFO at Europa Worldwide Group, said: “This investment marks a pivotal moment for Europa Worldwide Group. Over the past decade, we’ve scaled rapidly while staying true to our independent roots. With global supply chains evolving at pace, HSBC UK’s funding gives us the firepower to further strengthen our network, enhance our capabilities and remain a strong and reliable logistics partner for businesses trading globally and within the UK. It positions us perfectly for the next chapter in our growth journey.”
Des Birchall, Relationship Manager at HSBC UK, added: “Europa Worldwide Group is a major force in global logistics and plays an important role in keeping the UK connected to global markets. In a landscape shaped by geopolitical tensions, shifting trade routes and ongoing supply chain disruption, we’re delighted to support Europa Worldwide Group as it expands its network and strengthens its ability to help customers stay resilient, competitive and connected worldwide.”
Founded in 1966, Europa Worldwide Group (EWG) has grown into one of the UK’s largest independent logistics operators and recently celebrated its Diamond anniversary with a new brand identity and manifesto: “POWERED BY BETTER”. Today, EWG turnover has grown to approximately £300 million, handling more than 450,000 shipments annually across 160 countries.
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