NTEX buys Sureway Express Transport

Freight forwarder NTEX said it had expanded its presence in the south west of England after acquiring Bristol-based Sureway Express Transport.

The deal bolsters NTEX’s fleet with the addition of 27 HGVs, 20 trailers and 32,300 sq ft of warehousing, as well as 46 staff.

Incorporated in 2002, Sureway offers warehousing and distribution and is a Palletforce member.

Its Avonmouth warehouse handles, stores and redistributes goods to anywhere in the UK and it also offers container unloading facilities.

NTEX chief executive Thomas Ström said: “Sureway is a reputable company with experienced and competent employees who are particularly good at distribution in both Great Britain and Europe.

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“Sureway is a company that, like NTEX, values a close relationship with the customer to understand their needs and reach the best logistical solutions. That’s why it feels extra good that the acquisition is now complete.”

In March, NTEX announced plans to grow in the European market with an initial focus on Italy.

Headquartered in Immingham, with offices in Bristol, Glasgow and London, NTEX said it would take further steps towards becoming “a complete European logistics company”.

However, following the Sureway acquisition, NTEX UK Dan Ericsson said: “We see great growth potential in the UK market.

“The fact that we now have more employees in these areas mean that we can offer both existing and new customers even better solutions in the future.”