LaFarge and Tarmac owner Anglo American have revealed the executive team that will oversee their UK joint venture. Jamie Pike has been named as the venture’s non-executive chairman, Cyrille Ragoucy as chief executive and Guy Young as chief financial officer (CFO). Pike was chief executive of Foseco, a business serving the foundry and steel making industries. Ragoucy is senior v-p of health and safety for Lafarge, while Young is CFO at Tarmac. The joint venture will combine Tarmac’s and Lafarge’s […]
Mercedes-Benz and three of its commercial vehicle dealers – Ciceley, Road Range and Enza – have admitted infringing competition law and agreed to pay settlements totalling £2.6m, the Office of Fair Trading (OFT) has revealed.
DX Group’s multi-million pound takeover of Legal Post (Scotland) and First Post has been given the green light, after the UK competition authority closed its investigation into the deal.
Volvo Group has made a €400m (£317m) provision after being notified by the European Commission (EC) that it is suspected of involvement in a cartel, along with several other heavy- and medium-duty truck manufacturers.