The transport and logistics sector is set for a flurry of mergers and acquisitions this year, according to advisory firm KPMG, following a year of subdued activity in 2011. Steffen Wagner, European head of transport transactions at KPMG, says: “This year certainly took off to a promising start. Many companies, particularly in the logistics segment, are sitting on full coffers and are ready for increased strategic acquisitions.” He adds that any activity will rely on three main factors: GDP development […]
December 19, 2014 Chris Druce
Connect Group has completed its takeover of Tuffnells Parcels Express, with the deal first revealed last month.
November 27, 2015 Emma Shone
Menzies Distribution has bought Scottish parcels carrier Oban Express to boost its service offering in remote locations.