Ryder Europe has purchased CV contract hire and fleet management specialist Euroway for an undisclosed sum. Euroway has a total fleet of 1,419 CVs, ranging from 3.5 tonners to tractor units, plus trailers. Daf is the dominant supplier to Euroway. In 2010, its combined divisions generated a combined turnover of about £22m and a pre-tax loss of circa £730,000. The acquisition means Ryder’s fleet totals nearly 25,000, comprising 10,514 trailers and 13,905 vehicles. David Hunt, vice president and MD of […]
Pharmaceutical giant Alliance Boots has taken full ownership of Derbyshire-based healthcare logistics firm UniDrug Distribution Group (UDG).
Norbert Dentressangle is to be acquired by US 3PL XPO Logistics for €3.24bn (£2.3bn) – in a deal that values ND at €2.17bn and incorporates €1.08bn of net debt – creating what both parties claim to be one of the top 10 logistics firms in the world.
DX Group said it has successfully raised approximately £200.5m through selling shares on AIM this morning, following a 3% increase in turnover for the first six months of its current financial year.