Refrigerated vehicle rental firm Petit Forestier has abandoned its bid to buy leasing company Fraikin Group after opposition from the French Competition Authority. The deal between the two French-owned companies, announced in June last year, aimed to create a major European player in the sector with combined sales of £1.09bn. Petit Forestier’s bid to buy Fraikin hit the buffers after the French Competition Authority raised concerns that the deal would create “a quasi-monopoly” giving Petit Forestier a 90% market share […]
July 2, 2013 Chris Druce
Ballyvesey Holdings has added to its road transport interest with the purchase of the the trade and assets of Heywood-based CFT Services.
March 25, 2015 Emma Shone
Refrigerated rental company Petit Forestier has spent £20m upgrading its short-term hire fleet.