Volkswagen has completed an IPO for subsidiary Traton today (28 June), placing 57.5 million shares at a price of €27 (£24) each and raising £1.55bn. Volkswagen remains the majority shareholder in the business, which owns Scania and MAN, having sold 11.5% of the company. It is now listed on the Stockholm and Frankfurt stock exchanges. […]
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L Lynch Plant Hire & Haulage has fast-tracked its fleet expansion with the delivery of 17 DAF, Volvo and Scania trucks. The CF 450 8×4 tippers, Scania P410 8x4s and FMX 8x4s, all with tipper bodies, join the company’s FORS Gold accredited 140-strong fleet, together with two Scania G450 8×2 rigids, each mounted with Sterling […]
Knights of Old has acquired 10 new Scanias at short notice for a contract renewal – and had them decked out in a new livery.
Bristol-based contract hire rental firm Gulliver’s Truck Hire is growing rapidly, and made the Top 20 in the 2015 CV Informer league table of top rental companies with almost 6,000 assets, up from number 27 in 2013.