UTI is Europe's leading provider of intermodal logistics to the dry bulk chemical industry. The group was formed in 2000 as a result of a merger of IBC, a CBPE portfolio company, and Rentokil's transportation operations. Headquartered in Hull, UTI has a network of offices throughout Europe with annual sales of c£120m.

CBPE exited UTI having worked with managment to build the group by acquisition over several years when it was acquired by InterBulk plc in April 2007.