Bibby Distribution says it is planning more acquisitions this year following the take-over of Taygroup at the beginning of May.
It said it was looking for companies that shared similar values and focus on customer service.
Biggleswade-based Taygroup offers dedicated and shared user warehousing and distribution as well as project management services.
Bibby reported a 21.8 per cent rise in pre-tax profit to £5.8m for the year to 31st December. However, it said that like-for-like sales slipped back by six per cent reflecting the effects of the recession. Total sales were £185m.