The new owners of AM Widdowson & Son, the Leicester haulier sold in a pre-pack deal, have ambitions to grow the business and are on the acquisition trail for more logistics firms. Damion Davis, MD at Widdowson Logistics, said the haulier was now in a strong position to expand. It comes after a turbulent two years in which it first entered into a Company Voluntary Arrangement (CVA) and then administration when it fell into arrears with both its CVA contributions […]
Whose story is it anyway? In the latest episode of the Motor Transport Podcast, Chris Walton puts the team’s news knowledge to the test as they recap the industry’s hottest headlines. The team look at the pallet sector and its potential for consolidation and, if you’ve been lost in the various Widdowson saga headlines, Chris Druce neatly summarises the story so far. Listen to the podcast on Soundcloud or iTunes, and be sure to subscribe so not to miss out […]
Creditors at AM Widdowson & Son have voted to approve a CVA that will see them paid 36.12p in the pound.