Pharmaceutical giant Alliance Boots has taken full ownership of Derbyshire-based healthcare logistics firm UniDrug Distribution Group (UDG). Alliance Boots, which owned half of the contract logistics firm, acquired the remaining shares from UDG Healthcare for £66m in August. The operator, which runs 56 vehicles and employs 750 people, is to be rebranded as Alloga. UDG is currently part of the Alloga pan-European pharmaceutical distribution network, which was formed as a joint venture between Swiss healthcare firm Galenica and Alliance Boots […]
Pollock (Scotrans) made a loss in 2015 after the collapse of paper maker Tullis Russell and ongoing integration of 2014 acquisition Gilbraith (TS) made for a “challenging year”.
JSC Russian Railways (RZD), is in talks to buy 75% of Gefco, the logistics arm of cash-strapped car maker PSA Peugeot Citroën for €800m (£640m). PSA Peugeot Citroën said the proposed deal should speed Gefco’s growth by creating a business with enhanced reach in logistics services linking Europe and Asia. The existing management team, led by its president Luc Nadal, will not change, it added. Vitaly Belskiy, from consultancy Frost & Sullivan, said: “The deal is a clear ‘win-win’ for […]