Excello real estate team advises global logistics provider DB Schenker on UK warehouse acquisition

A team of lawyers from Excello Law, led by real estate partner Peter McHugh based in Liverpool, has advised global logistics supplier DB Schenker on the acquisition of Ergo 123, Middlewich in Cheshire – a newly built, 124,000 square foot warehousing facility that will service the needs of one of DB Schenker’s global technology clients.

Celebrating its 150th anniversary this year, DB Schenker is a world leader in global logistics services including transportation, logistics and warehousing solutions across a range of industries such as aerospace, automotive, electronics, healthcare and industrial sectors.  The UK and Ireland business operates from over 40 sites and currently services the supply chain management and logistics requirement of some of the world’s leading brands.

Eoghan Turner, Head of Real Estate UK & Ireland at DB Schenker, commented: “We were very pleased to reach completion on the Middlewich acquisition working with our clients, Ergo Real Estate LLP, their advisors M1 Agency, and our lawyers on the deal; Peter McHugh, Stephen Belshaw and David Percival of Excello Law. The acquisition will support our strategic partnership with our technology client and further grows our contract logistics presence in the UK.”

Peter McHugh added: “This is the second deal we have completed for DB Schenker and we look forward to continuing to advise them on future lettings and commercial property deals. The Excello Law consultancy model ensures I can bring together a bespoke and very experienced team that fits the clients’ requirements.”