Palletline member ARR Craib has purchased fellow Scottish haulage firm McCaul Haulage for an undisclosed sum.
The employees, trading assets and trade of Aberdeen-based McCaul Haulage transferred to ARR Craib today (9 February), facilitating the retirement of owner Tim McCaul.
The deal includes 14 vehicles and 19 trailers (a mix of curtainsiders and flatbeds).
ARR Craib said the majority of the staff would move to its Dyce depot, which already employs a workforce of 430 across its four locations nationwide. It added that there have been no redundancies as a result of the deal.
Eddie Anderson, CEO of ARR Craib, said the deal offered an opportunity to carry on the legacy of a company that has been a driving force for the haulage industry in the north east of Scotland.
He added: “McCaul Haulage has a first-class reputation amongst its diverse client group for its very high standards of service delivery.
“When we learned that Mr McCaul planned to retire from the business, we recognised it as an exceptional opportunity to provide continuity for the staff and customers.
“Both ARR Craib and McCaul Haulage have operated in similar sectors and have been a part of the region’s haulage industry for many years. This will enable us to ensure a seamless transition of staff, assets and contracts, and we give an assurance to McCaul Haulage clients that we will continue to deliver the very high standards of customer service that they have become accustomed to over many years.”
Established in the 1970s, McCaul is known as an abnormal load specialist. McCaul will be absorbed into ARR Craib following the deal.