Equity firm ACC Capital has bought a majority stake in Lubbers Transport Group as part of a management buy-out at the firm. The deal sees the management team at Lubbers, which is lead by CEO Ger Englsman, invest alongside ACC, with the existing shareholders (Ronald Lubbers and UK MD Tony Tailford) retaining a minority interest in the business. Lubbers specialises in serving the oil and gas industry in Europe, and in 2005 Lubbers of the Netherlands merged with RTH in […]
Transport and logistics firm Rhys Davies & Sons marked its sixtieth anniversary last year with a 58% rise in profit, the firm’s latest annual results statement has revealed.
NWF Group, parent of Boughey Distribution, has recruited Brendon Banner as its new group finance director. Banner, who will take up his role in early November, is currently group finance director at steel engineering and fabrication group William Hare. He replaces Jonathan Ford, who is leaving NWF at the end of September to take up the role of chief financial officer at HomeServe. Earlier this month NWF reported that Boughey Distribution has seen turnover fall by £2.2m after the loss […]
Stephen Turner, the MD of Currie European Transport, has led a successful MBO at the Dumfries-headquartered firm.