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 […]
Panther Warehousing has acquired West Yorkshire-based two-man delivery company Hi-Way Express Home Delivery for an undisclosed sum.
Norbert Dentressangle is to be acquired by US 3PL XPO Logistics for €3.24bn (£2.3bn) – in a deal that values ND at €2.17bn and incorporates €1.08bn of net debt – creating what both parties claim to be one of the top 10 logistics firms in the world.
Netherlands-based Agro Merchants Group has bought Motor Transport Award winner Grocontinental for an undisclosed sum.