Assets of Palletline Logistics (Midlands) were bought via pre-pack


 

The assets and business of Palletline Logistics (Midlands) were bought for £71,000 in a pre-pack deal in July by newly formed Global Logistics Central on the same day the former went into administration, according to administrator RSM Tenon. Palletline Logistics (Midlands), established in 1993 by former RHA national chairman and Palletline [network] co-founder Bob Russett, was forced into administration on 17 July after HMRC called in debts owed via a company voluntary arrangement (CVA) in place since May 2012. Global […]