Ryder Europe vice-president and MD David Hunt’s claim that “Ryder is full of the joys of spring”, is not what MT expects to hear as we meet to discuss the integration of Hill Hire. But like the company he works for, Hunt can pull the occasional surprise. Ryder’s big surprise last year was the £151m acquisition of Hill Hire, announced the day before its 40th birthday in the UK (MT 13 June 2011). This takeover created a rental and leasing […]
Bedfords Group has returned to the acquisition trail with the purchase of RPL Transport.
They told us it would happen: in April 2012, advisory firm KPMG predicted a flurry of mergers and acquisitions in the logistics and distribution sector during the year… and that’s exactly what we got. Top of the pile in terms of the most noteworthy was undoubtedly the UPS/TNT Express merger announced in March and set to create a £37bn turnover logistics giant. The takeover was described at the time by TNT Express chief executive Marie-Christine Lombard as a move that […]
Great Bear Distribution delivered a stellar performance in the final financial year before Culina Group bought it in March.