Pre-tax profit at Arcese UK fell over 30% in the year to the end of December, accounts posted at Companies House have shown. Turnover at the Thurrock-based firm, which runs around 80 vehicles, rose almost 1.7% during 2013 to £24.07m (2012: £23.67m) but profits before tax fell to just under £259,000 (2012: £372,000). The slide resulted in a profit margin of just 1.07% in the year, down from 1.57% in 2012. Arcese UK MD Keith Luetchford was not available for […]
Pall-Ex has signed its fourth European partner and launched its first all-new livery since Hilary Devey founded the pallet network in 1996. The new principal national partner, which can’t be named, will run Pall-Ex France as key-franchisee for the territory. Pall-Ex France will have a central hub in the Orleans region of France, and the new partner plans to be up and running by the final quarter of this year. The deal keeps Pall-Ex on course to realise its plan […]
Private equity firm Advent International is to acquire a 75% stake in Hermes UK in what is described as a “business as usual” agreement.
Gregory Distribution is looking to the future with the appointment of a new MD, the expansion of its apprenticeship training programme and the opening of a new depot.