Europa Worldwide Group smashed through the £100m turnover barrier and returned to profitability in 2016, in a year that saw the group boost its turnover by a fifth. For the year ended 31 December 2016, Europa recorded turnover of £116.4m (2015: £96m). Pre-tax profit also saw a significant jump last year, rising to £2.3m from loss of £1.6m in 2015. Turnover increased in all divisions with year-on-year increases of 47% in warehousing and 17% in road transport. Europa said the […]
Three years ago the industry was shocked as one of the most prominent names in family haulage, the Baxter family’s RH Freight, was snapped up by Swiss logistics giant Kuehne + Nagel for £66.9m. It was a move that came out of the blue, and was concluded within in matter of weeks (if the folklore attached to the deal is to be believed) but it resulted in Andrew Baxter, who alongside his brother Ian ran RH Freight in the footsteps […]
Europa Worldwide Group has been acquired by the former joint owner of RH Freight, Andrew Baxter – who takes a 90% controlling stake in the international operator.
Europa Worldwide has officially moved its Erith operation into a £30m HQ and logistics hub at Prologis Park in Dartford, Kent.