Traffic management vehicle specialist Blakedale has reported a strong first 12 months of trading since being acquired by Northgate last summer. The Chorley-based business has seen its vehicle fleet, customer base, revenues, head count and assembly facility all grow during the year. The company said that it had grown its fleet by 49.7% to over […]
Belgium-based Sitra Group has acquired Abbey Logistics for an undisclosed sum, in a move which sees a major consolidation of the food logistics sector. Sitra Group was launched in 1962. It employs approximately 1,150 people across 11 countries including the UK and operates a fleet of 700 owned trucks and over 2,000 trailers and containers, […]
Kinaxia Logistics is looking forward to a strong performance in 2024, after laying the foundations for a consolidated business over the past two years and delivering a landmark set of financial results for 2022. The group’s recently published annual results to 31 December 2022, have seen it break through the £200m turnover barrier to deliver […]
Rotom Europe has purchased goplasticpallets.com and its sister company All Pallets, in a move aimed at expanding the Dutch pallet giant’s load carrier services in the UK. The purchase will see the operations of both companies gradually integrated with Rotom. Owners Jim Hardisty, Chris Adam and Denzil Davies will continue to lead both companies and […]
Seafrigo’s recent acquisition of Perishable Movements Limited (PML) strengthens the French logistics giant’s plan to become the fastest and largest integrated perishable supply chain provider both in the UK and globally, according to Seafrigo regional chief executive Jason Spencer-Knox. Commenting this week on the group’s purchase of the Kent-based haulier in July, Spencer-Knox (pictured), said […]
UK logistics transactions in the first half of 2023 increased by over 10% compared to the second half of 2022, despite a lack of ‘big ticket’ deals in the market, according to new research from accounting and business advisory specialists BDO LLP. The BDO UK & Ireland M&A Update – Q2 2023 report revealed transaction […]
Buxton-based SK Distribution has sealed a partnership deal with The Pallet Network (TPN) to provide palletised freight collection and delivery services on behalf of the network. This is the third pallet network SK Distribution has joined to date, with the haulier also a member of Palletways and Pall-Ex. SK Distribution specialises in express pallet delivery, […]
Global logistics specialist Super Group has acquired 78.82% of UK logistics group AMCO, as part of wider diversification plans aimed at broadening its income base and mitigating geographical risk. AMCO, which was launched in 1983, specialises in providing land, air and sea logistics to more than 250 UK and European customers. In the UK AMCO […]
Polish parcel delivery firm and locker provider InPost has acquired a 30% stake in Menzies Distribution Group, with the option to take full ownership at a later stage in deal worth just under £50m. The transaction sees InPost given the option to acquire the remaining stake over the next three years. InPost will also have […]
Northampton-based Crisis Logistics is set for further growth after acquiring Pallet-Track member Action Express for an undisclosed sum. The acquisition will see Action Express retain its Brackmills Industrial Estate depot, with Crisis Logistics planning to invest in the site and its facilities as pallet and parcel volumes increase. Crisis Logistics has already purchased 10 new […]