Essex-based freight forwarder and haulier Simarco has purchased Longport-Staffordshire based IFB for an undisclosed sum. Established in 1984, IFB had a turnover of £10.3m in the year to 31 December 2012 and made a pre-tax profit of £451,049, broadly in line with its performance a year earlier. The freight forwarder, which undertakes European and ADR work, has an O-licence for up to 15 vehicles at its base of operations on Chemical Lane in Staffordshire and a 45,000 ft² facility. Simarco, […]
DHL Express has revealed that it intends to sell its same-day domestic business to technology distributor Rico Logistics later this month, as it continues to focus on the international express market.
Ballyvesey Holdings has bought Birmingham operator Bird’s Groupage Services for an undisclosed sum. In a statement, the County Atrim-based business, which also owns Montgomery Transport, said: “[We] are pleased to announce that we have completed the purchase of the trade and assets of Bird’s Groupage Services.
Simon Gibson Transport enjoyed what it described as an “excellent trading year” in 2015, shortly before it was sold to GCA Europe SA.