Refrigerated vehicle rental firm Petit Forestier has abandoned its bid to buy leasing company Fraikin Group after opposition from the French Competition Authority. The deal between the two French-owned companies, announced in June last year, aimed to create a major European player in the sector with combined sales of £1.09bn. Petit Forestier’s bid to buy […]
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The offer period for the proposed merger of UPS and TNT Express has once again been extended. Following an exemption granted by The Netherlands Authority for the Financial Markets (AFM), the period has been extended until one week after competition clearances have been obtained from regulators, the European Commission and the Chinese Ministry of Commerce. […]
DFDS Logistics has acquired Highlands haulier D.R Macleod and pledged to continue its services to local communities. In a statement on social media, DFDS confirmed that an agreement had been reached to transfer the transport firm over to its control: “D.R. Macleod has run a successful business on the Scottish Highlands and Islands for over […]
NFT owner EmergeVest had made a £30m bid for pallet network Palletforce.