Ripon-based Potter Group Logistics has bought York logistics firm and Palletline member House of James for an undisclosed sum. The deal, struck yesterday (16 May) boosts Potter’s turnover by 50% to £22m, adding 100,000ft² of warehousing space, 35 vehicles and 55 trailers to the fleet. Motortransport.co.uk understands that Simon Gill, MD of House of James, will remain at the combined business for at least three years in the role of commercial director. Matthew Lamb, MD of Potter’s, says: “We have […]
Motor Transport’s owner Road Transport Media has revealed today (25 May) that it is acquiring Tip-ex, the UK’s only exhibition for the tipper and bulk transport sector. The annual trade show, held in Harrogate, attracts over 70 exhibitors and 2,000 visitors every year and is a major focal point for the construction and bulk transport sector. “Tip-ex serves an extremely important part of the UK road freight industry and we are delighted to have the opportunity to get involved with […]
TVS Supply Chain Solutions has acquired same day courier and technology company Rico Logistics for an undisclosed sum. TVS, which specialises in supplying spare parts to the automotive industry – including Isuzu Truck, MG Motor and Dennis Eagle – has an annual global turnover of six billion dollars and has acquired Rico Group as part of its European expansion plan. It has acquired the majority shareholding of Rico Group, whose services include a same day courier service throughout the UK […]
ARR Craib has boosted both turnover and pre-tax profit despite what it describes as “sporadic and unpredictable” trading conditions for the road transport sector during its last financial year.