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 […]
Palletforce and NFT Distribution owner EmergeVest has bought CM Downton for £75m.
Tuffnells Parcels Express has been acquired by newspaper and magazine distributor Connect Group for £113.4m.
Ryder Europe vice-president and MD David Hunt’s claim that “Ryder is full of the joys of spring”, is not what MT expects to hear as we meet to discuss the integration of Hill Hire. But like the company he works for, Hunt can pull the occasional surprise. Ryder’s big surprise last year was the £151m acquisition of Hill Hire, announced the day before its 40th birthday in the UK (MT 13 June 2011). This takeover created a rental and leasing […]