FedEx UK made four acquisitions totalling £13.8m in the past 10 months – but has declined the opportunity to say why. The acquisitions are noted as events that took place after the closure of the most recent financial year at the UK arm of the international express delivery giant on 31 May 2016. On 3 June 2016 it acquired 100% of Roseglen Enterprises for £1.9m. Companies House describes the activities of the firm as “postal activities under universal service obligation”. […]
Motor Transport’s owner Road Transport Media has revealed today (25 May) that it is acquiring Tip-ex, the UK’s only exhibition for the tipper and bulk transport sector. The annual trade show, held in Harrogate, attracts over 70 exhibitors and 2,000 visitors every year and is a major focal point for the construction and bulk transport sector. “Tip-ex serves an extremely important part of the UK road freight industry and we are delighted to have the opportunity to get involved with […]
The Big Green Parcel Machine is continuing to exceed Connect Group’s expectations.
Tuffnells Parcels Express contributed £114m of revenue and £9.7m of operating profit to its new owner Connect Group in the year to the end of August, group chief executive Mark Cashmore has revealed.