CM Downton’s bargain buy


 

This time last year CM Downton shocked the industry after it acquired C&H (Hauliers) from its parent company Charles Gee Group, which went into administration. By any metric, it was a fantastic acquisition for Downton, particularly when you look at the prices involved. According to Downton’s directors’ report for the financial year ending 30 June 2013 the haulier, via new subsidiary Downton (London) acquired the trade and trading assets of C&H (Hauliers) out of administration for £350,000, alongside taking on […]