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 […]
Brit European Transport has bolstered its bulk liquids business with the purchase of Cheshire-based Tankplus. Specialising in fuel and bulk powder distribution, Tankplus operates from Ellesmere Port and runs seven vehicles. “We were looking to develop the size and scope of our bulk liquids division and the Tankplus opportunity fitted the bill,” said Brit European MD Graham Lackey. “We have no plans to change anything in the short to medium term as Tankplus appears to be working well and delivering […]
TIP Trailer Services has restructured its UK and Ireland management team with the promotion of UK commercial director Mike Furnival to MD.