Viridor Waste Management has acquired JWT Holdings, a waste collection and recycling business based in Atherton, Greater Manchester, from John William Thomasson for £7.6m. JWT Holdings employs 45 staff and handles around 70,000 tonnes of material a year. Its materials recycling facility and fleet of 29 vehicles will be integrated into Viridor’s northern region, complementing the commercial collection services of its Trafford Park Operation, says owner Pennon Group. The acquisition will provide excellent synergies with Viridor’s activities in Manchester and […]
The TNT shareholders have between Monday and 30 October to accept the proposed acquisition offer from FedEx.
UPS has pulled out of its multi-billion Euro bid to take over TNT Express, almost a year after it first entered into talks with the parcel firm. It hoped the merger would create a €45bn (£37.4bn) logistics giant, increasing the US firm’s presence in the European market. However on Friday (11 January), the European Commission (EC) told both parties that it planned to prohibit the merger. MT.co.uk looks at how the story developed over the year. The merger process began […]
Rhenus Group has expanded its UK presence with the purchase of Palletforce member RCS Logistics.