Eddie Stobart Logistics has completed its IPO and listed on AIM at the London Stock Exchange. Trading in shares began at 8am today and, as of the time of writing, remain unchanged at a list price of 160p. Alex Laffey, chief executive at Eddie Stobart, said that the completion of the IPO was a “key milestone” for the business. “We have received strong interest from investors and we are excited to begin this new period as an independent company with […]
Eddie Stobart Logistics will replace XPO Logistics as the logistics partner for Aggregate Industries’ Concrete Products division.
Welcome to the 2018 Motor Transport Power Players, the editorial team’s take on who will be the key influencers – including some of those who are up and coming in the industry rather than the established names – on the transport and logistics industry this year.
The combination of the £16m sale of its former automotive logistics division and securing a “significant” customer wins towards the end of its last financial year helped Eddie Stobart Logistics generate a £21m surplus, which was used to repay its debt.