CM Downton’s deal to buy C&H (Hauliers) has created a haulage group with an annual turnover of more than £114m, and set it on the path to becoming a true 3PL. Charles Gee Group, parent company of C&H, entered administration last month after citing acute cashflow problems. Downton – MT Haulier of the Year 2012 – had a turnover of £93m in the financial year ended 30 June 2012, posting a pre-tax profit of £6.3m. C&H had a turnover of […]
CM Downton has signed an £8m deal to renew its distribution contract with Prinovis for another five years.
Norbert Dentressangle’s acquisitions of Christian Salvesen in 2007 and TDG in 2011 made the French group’s UK logistics operation a £1bn a year business, representing almost a third of group turnover, and silencing critics who had questioned the company’s commitment to the UK. […]
A €3.2bn (£2.3bn) acquisition of French transport and logistics giant Norbert Dentressangle by US group XPO Logistics could be just the first in a series of takeovers of European companies the Greenwich, Connecticut firm’s chairman Bradley Jacobs has said.