Stobart Group has said a £25m windfall generated by a property sale this month will be held in cash pending reinvestment or used to repay debt. The windfall results from the sale by Stobart’s estates division of an investment property at Admiral Retail Park, in Eastbourne, which the firm took on in February 2012 for £22.1m, estates division CEO Richard Butcher told Motortransport.co.uk. Around £600,000 has been spent on improvements to the site during that period, he added. The deal […]
Oldham-based H&B Logistics is celebrating 30 years in business by expanding its fleet and improving its facilities, backed by £131,000 of funding.
Cheshire-based Kinaxia Logistics has created three senior roles in its finance team.
Glenfield Storage Solutions, a successor company to failed Widdowson Logistics, remains a going concern despite net liabilities of close to £98,000.