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 […]
A new buyer has emerged for Best Food Logistics with a sale expected to be completed within weeks, according to parent group Bidcorp.
Tuffnells Parcels Express sales have risen sharply with almost 300 new customers being brought on board since it was acquired in December by Connect Group.
Ballyvesey Holdings has bought Birmingham operator Bird’s Groupage Services for an undisclosed sum. In a statement, the County Atrim-based business, which also owns Montgomery Transport, said: “[We] are pleased to announce that we have completed the purchase of the trade and assets of Bird’s Groupage Services.