On Wednesday 31st January 2018, we concluded the sale of 100% of the equity in RASE Distribution Ltd to HW Coates.
Clearly this landmark decision by the Directors following completion of our fiftieth year, will provide long term business continuity and succession for our staff and our customers
In HW Coates we have found a strong partner with a similar culture to RASE including extensive experience and success in the high value, high quality logistics industry sector.
They are well financed and have the desire to continue to grow and develop the business we have established during the last fifty years.
The future prospects for RASE and Coates are therefore very positive. We will be the largest COMAH warehousing provider in the UK, delivering high quality logistics solutions to existing and new customers.
RASE Distribution Ltd.