Last year Acumen Logistics Group gate-crashed the MT Top 100 for the first time, scant reward for a phenomenal performance over the past few years that has seen the company rise from an £8.2m turnover in 2009 to £20m in 2012. While this rate of growth has not all been organic, it has certainly been through hard work. Acumen was founded in 2004 by chairman John Hodges, when he merged one of Autologic’s vehicle parts distribution subsidiaries with his existing […]
Trading in shares in Autologic will be suspended on 9 August as Stobart Holdings, a wholly-owned subsidiary of Stobart Group, completes its acquisition of the firm. On 18 June Stobart made an offer of £12.4m- the equivalent of 20p per share – for the automotive logistics firm. Both parties had been in talks since 24 May. Stobart said at the time it wished to acquire Autologic as it could enter the automotive logistics sector in a market-leading position. It is […]
Acumen Automotive Logistics claims it can triple its turnover in three years after winning a three-year contract with Jaguar Land Rover (JLR).
Newcastle-under-Lyme Borough Council has extended its contract with Acumen Distribution for kerbside collection of household recyclable waste until 2016. As part of the extension Acumen will now conduct two weekly collections from public bring sites. Acumen has assigned two additional compactor trucks for the new weekly collections, which will join seven other vehicles at other times for regular kerbside collections. The vehicles collect a range of waste including plastic bottles, paper, glass and metals, as well as textiles and food […]