Eddie Stobart Logistics has successfully completed its transformation into a stand-alone business after the acquisition of a 51% stake in the operator by private equity firm DouglasBay Capital on 10 April 2014, according to its parent company. Greenwhitestar UK (which ultimately is owned by DouglasBay Capital Fund) made the statement in newly filed accounts at Companies House, which revealed that Eddie Stobart Logistics achieved a turnover of £394.4m and a pre-tax profit of £24.4m for the period from 10 April […]
Stobart Group has sold a 51% stake in its transport division to Douglasbay Capital (Dbay) – the former owners of TDG – for £280.8m. The move sees William Stobart become chief executive of the newly formed, and once again privately owned, Eddie Stobart Logistics.
18) Alex Laffey Title: Chief executive officer, Eddie Stobart Logistics In April 2014 Stobart Group disposed of 51% of its 100% shareholding of the Stobart road transport business to Douglasbay Capital (Dbay) – the former owners of TDG – for £280.8m.
Welcome to the 2018 Motor Transport Power Players, the editorial team’s take on who will be the key influencers – including some of those who are up and coming in the industry rather than the established names – on the transport and logistics industry this year.