Kent operator DF Services has been acquired by investment firm HLD Group for an undisclosed sum. The car transporter company has been acquired by the business turnaround firm, which hopes to increase its turnover. Demis Ohandjanian, CEO of HLD Group and director at DF Services, said the fact that the operator ran its own vehicle workshop alongside a fleet of more than 50 vehicles helped in its decision to purchase the company. “Other providers of its size do not [have […]
Palletways Group has been bought by South-African group Imperial Holdings in a transaction worth £163m.
Culina Group has acquired Great Bear Distribution for an undisclosed sum, effective from today (1 March) in a move that significantly expands the ambient network of the temperature-controlled specialist.
Pall-Ex has moved to ensure coverage continuity in the South-west by buying Cornish network member Intercounty Distribution for £700,000. The company based on the Pennygillam Industrial Estate in Launceston has an O-licence for up to 22 vehicles and eight trailers. It has been a Pall-Ex member for 14 years. Pall-Ex MD Adrian Russell said: “The opportunity was presented to us after Intercounty’s MD Nick Coombes announced his retirement earlier this year. We are happy that Nick has decided to stay […]