Viridor Waste Management has purchased paper collecting and processing business Pulp Friction for £9m as it looks to diversify. Pulp Friction has an O-licence for up to 28 vehicles and 22 trailers spread across two locations in Erith, Kent. Colin Drummond, chief executive of Viridor, said: “The acquisition of this paper collection and processing business is in line with the group’s strategy of expanding its waste management activities, particularly in collection and recycling.” Pulp Friction processes around 100,000 tonnes of […]
Suttons Group looks set to flex its financial muscles under the leadership of new MD John Sutton and is looking at acquisition targets in the UK food supply chain market.
FedEx has made an offer to acquire TNT Express, valuing the business at €4.4bn (£3.2bn), in a deal that both parties describe as having a high level of certainty.
A €3.2bn (£2.3bn) acquisition of French transport and logistics giant Norbert Dentressangle by US group XPO Logistics could be just the first in a series of takeovers of European companies the Greenwich, Connecticut firm’s chairman Bradley Jacobs has said.