It has emerged that chilled and ambient logistics specialist Davis Haulage entered into a company voluntary arrangement (CVA) months after it was bought by the owner of Widdowson Group. Widdowson Group, the trading name of AM Widdowson & Son, is also operating under a CVA after suffering financial problems. It was purchased by Malta-based company HLD Group on 16 June 2015 and placed into a CVA the month after. In February this year HLD Group purchased Crewe-based Davis Haulage. One […]
Creditors at AM Widdowson & Son have voted to approve a CVA that will see them paid 36.12p in the pound.
With Widdowson Logistics in administration once more, Motortransport.co.uk revisits the events that lead to the operator’s pre-pack in July 2016. Although incorporated in 1975, business conducted by former coal merchant AM Widdowson & Son can be traced back more than 100 years. Like any haulage firm with a few years on the clock there’s been plenty of ups and downs, but for this Leicestershire outfit it’s been a particularly breathless few years. A stricken AM Widdowson was kept on the […]
Davis Haulage, which was sold to Buffaload Logistics for £1.8m late last year, got into trouble after overextending itself, according to a report from administrator Leonard Curtis.