S&S Distribution has returned to profitability helped by its warehousing division and investment by new owner Palletline. Palletline bought network member S&S Distribution and S&S Warehousing, a separate firm to S&S Distribution, in May 2015. The deal, which was the pallet network’s first buy-out of a shareholder-member, saw profits fall after a goodwill write-down of £142,215, after a review of the company’s customer base. The write-down saw the firm’s pre-tax profits fall from £207,915 in the year to July 2014 […]
February 28, 2014 Chris Druce
Palletways has revealed Luis Zubialde is to become its first UK managing director, strengthening its recently remodelled executive team further.
July 17, 2013 Chris Druce
Palletline Logistics (Midlands) has lost its battle for survival and ceased to trade.