Clipper Logistics acquires Tesam Distribution for £11m


 

Clipper Logistics has bought warehouse and distribution business Tesam Distribution for £11m. The Peterborough-based firm operates from three sites in and around the city, with a combined coverage of more than 1.1 million ft². Founded in 1984, it currently employs around 250 people. Clipper said Tesam Distribution’s sites are “attractively located with highly competitive cost bases”. The operator intends to increase capacity at Tesam’s HQ in Ivatt Way by adding mezzanine floors and new racking and handling space. This, said […]