Refrigerated-rental firm Petit Forestier is to buy leasing and rental provider Fraikin in a deal that will create a European player with combined sales of €1.3bn (£1.09bn). Villepinte, France-based Petit Forestier has entered into an exclusivity agreement with Fraikin to acquire 100% of the business with financial backing from CVC Capital Partners and Eurazeo. Petit Foresiter has 228 depots in Europe and the Maghreb region with 42,700 vehicles. Frakin – founded in 1944 with headquarters in Colombes, near Paris – […]
CitySprint is continuing its acquisition spree with the take-over of Southampton-based courier firm Dash-It, its third deal since the beginning of September.
The Potter Group has officially begun marketing itself as a Palletline member, following its takeover of pallet network member House of James in May. Palletline now has a dedicated page with contact details on the Ripon-based multi-modal company’s website, after Potter received permission to join from the network’s executive early this year. Potter’s takeover of House of James created a £33m company, adding 100,000ft² of warehousing space, 35 vehicles and 55 trailers to its fleet. The House of James brand […]