FRP Advisory, the administrators of Charles Gee Group, has confirmed to Motortransport.co.uk that it is still seeking a buyer for some of its road transport interests. Earlier today it emerged that C&H (Hauliers) had been acquired by CM Downton, but that deal primarily applies to Charles Gee’s transport interests in the paper and publishing markets. Charles Gee remains in administration, with subsidiary Charles Gee Bridgwater – associated with wing loader transporter work for Airbus – still seeking a buyer. The […]
CM Downton has won a £15m contract from Bibby Distribution, transporting goods for insulation manufacturer Isover UK.
While Motortransport.co.uk did not see as many industry insolvencies or closures in 2016 as in previous years, there were still a number of high-profile cases that shocked the transport sector.
Glenfield Storage Solutions, a successor company to failed Widdowson Logistics, remains a going concern despite net liabilities of close to £98,000.