Stobart Group has sold a 51% stake in its transport division to Douglasbay Capital (Dbay) – the former owners of TDG – for £280.8m. The move sees William Stobart become chief executive of the newly formed, and once again privately owned, Eddie Stobart Logistics. Under the terms of the deal, the LSE-listed Stobart Group will retain a 49% stake as well as the Eddie Stobart brand itself via a licence agreement. 8% of the total vehicle fleet will remain aligned […]
Eddie Stobart and AW Jenkinson Forest Products will add 1,500 Euro-6 Scanias to their fleets as part of a renewed joint procurement agreement.
Eddie Stobart national distribution centre gets go-ahead but local opposition calls for government veto
Eddie Stobart Logistics’ plans to build a £75m national distribution centre on green belt land at Appleton Thorn has won the backing of Warrington Borough Council but local councils opposed to the scheme are calling on the Secretary of State to veto the decision.
Jonen Shipping has moved from Palletline to Eddie Stobart owned TPN.