Kinaxia Logistics has bought Mark Thompson Transport, its eighth operator acquisition in just over five years. The deal is Kinaxia’s third this year; it bought Panic Transport in February and Maiden’s of Telford in May. The business also owns Bay Freight; William Kirk; NC Cammack & Sons; Foulger Transport; and Lambert Brothers Haulage. Mark Thompson, which runs 153 vehicles with its 160 employees, had turnover of £17.7m for the year ended March 31 2016, with pre-tax profit of £1.5m. Kinaxia […]
Kinaxia Logistics has snapped up its seventh haulage firm in just over five years, with Telford-based AJ Maiden & Son, which trades as Maiden’s of Telford, joining the fold.
Eastleigh, Hampshire-based Lambert Brothers has been acquired by Kinaxia Logistics, an investment company that also acquired Snetterton, Norfolk-based Foulger Transport last month.