C&H (Hauliers) has been acquired by CM Downton in a deal that creates a £114m a year turnover haulage group. Charles Gee Group, parent company to C&H, entered administration last week citing “acute cash-flow problems”. Downton – MT Haulier of the Year 2012 – had a turnover of £93m in the financial year-ending 30 June 2012, posting a pre-tax profit of £6.3m. C&H had a turnover of £21.2m for the year-ending 31 March 2012, with a pre-tax profit of £215,702. […]
Montgomery Transport founder Harold Montgomery has confirmed the demise of Birds Transport & Logistics, bringing the curtain down on a tough period for the well known Midlands firm.
DBC Foodservice had no vehicle assets despite having 230 of them when it went under in March, as its fleet was run on a contract-hire basis. The £300m turnover company supplied some of the best known cafes, restaurants and bars on the high Street including Caffé Nero, Prezzo, Loch Fyne and vodka bar chain Revolution. DBC’s fleet of mainly Dafs delivered 8,000 multi-temperature products to customers each year. However, after attempts to sell the business earlier this year failed, administrator […]
Burdens, the civil engineering products and construction materials supplier, has been placed into administration. The company, which has 20 operating centres across the UK and an O-licence to run up 127 vehicles plus trailers, is in the hands of administrator Duff & Phelps. “We will continue to trade the company as a going concern whilst we continue discussions with those parties interested in acquiring some, or all of the remaining branches,” said administrator Philip Duffy. WTB Trading, the main trading […]