Ivybridge, Devon-based Kay Transport has bought King Stag (Transport). The deal, completed on the 12 April, sees the Pallet Track member, which is based in Stalbridge, Dorset, snapped up by the West Country haulier, which is a Palletways member. In a joint letter to customers Kay Transport director Tim Prout said it would be “business as normal” post deal, and confirmed that King Stag (Transport) director Richard Pink would be staying with the business. A newer fleet of vehicles was […]
DX Group has entered an agreement to sell its Business Direct operations to ByBox Field Services by 21 December, disposing of its overnight parts distribution service.
Multimodal logistics firm DFDS Logistics has acquired Grimsby-based Quayside Distribution for an undisclosed sum.
Renewed economic confidence and a focus on efficiencies saw an increase in the amount of mergers and acquisitions in 2014 as operators looked to strengthen, diversify and consolidate. Motortransport.co.uk takes a look back at a surprisingly strong year of M&A activity. In February, Pollock (Scotrans) acquired Blackburn-based haulier Gilbraith (TS) for an undisclosed seven figure sum, giving the Scottish operator extended reach into north-west England. April saw Essex-based freight forwarder and haulier Simarco purchase Longport-Staffordshire based IFB for an undisclosed […]