Caledonian Logistics are pleased to announce Drac Logistics has taken over the company.
All members of staff will be retained, with Mr Mitchell keen to stress it’s “business as usual”.
He said: “It’s been part of my life for 24 years, but I’ve sold my shareholding and I’m retiring.
“I’m 68 in December and it’s time to move on.
“The message is it’s business as usual. It’s only a ownership change.”
Drac Logistics, trading under the Drac Global banner, specialises in imports and exports.
It is headquartered in Stone, Staffordshire, but also has an office in Falkirk.
The group currently has 45 employees and four based in Falkirk who will transfer to the Caledonian Logistics site in Cumbernauld.