Hargreaves Services has purchased civil engineering and earth moving group Pryor, after the latter was placed into administration. Pryor had been poised to enter administration since January “owing to a severe short-fall in working capital”. In a statement issued today FRP Advisory said the sale of the ongoing business, trade and certain assets to Hargreaves (UK) Services, a subsidiary of Hargreaves Services, had secured the future of the Harlow-based business. FRP said Pryor has since the final quarter of 2015 […]
XPO Logistics has begun raising $3.26bn (£2.1bn) to finance its takeover of Norbert Dentressangle and for other, as yet unspecified acquisitions.
DHL Supply Chain’s long-standing distribution contract with BHS will end on 6 August, the operator has confirmed, after the collapse of the high street retailer.
Following its acquisition of Browns Chilled Distribution in September, Newmarket, Suffolk-based Turners (Soham) has started taking delivery of 50 new Mercedes-Benz Actros tractive units as part of a replacement programme for the Browns fleet. The trucks, which are all 6x2s, will be based at Browns’ Bicker site, near Spalding, and will operate at maximum GVW on a mix of regional and national work, said Turners’ group fleet engineer Tim King. Around 20 of the new trucks are already on the […]