Devon-based Gregory Distribution has acquired the business, assets and goodwill of Oxfordshire firm Interoute Transport Services, which went into administration on 17 May. The acquisition includes Interoute’s 120,000ft² warehouse operation on a leased site in Thame. It also includes the 27 employees retained out of its original 65 staff after if fell into administration, all of who will now transfer to Gregory. Gregory Distribution chief executive John Gregory told Motortransport.co.uk his firm had historically had a long-term relationship with Interoute’s […]
The administrator of Stanian Transport said the company has about 70 lorries participating in a legal claim for compensation from truck manufacturers involved in a price-fixing cartel.
CM Downton enjoyed a successful first full trading year since being acquired by EmergeVest, with profits growing by more than 90%.
EmergeVest, the Hong Kong-based private-equity investor that has acquired CM Downton, NFT Distribution and Palletforce over the past four years, has merged its road transport and logistics assets into one company: EV Cargo.