Widnes-based Sutton Group has acquired Imperial Tankers, the bulk chemical transport arm of Hargreaves, creating a single bulk tanker fleet of some 700 units with a combined turnover of approximately £114m from UK operations alone. Suttons bought the subsidiary of Hargreaves for £26.9m, with Hargreaves having purchased the tanker firm – which traces its lineage back to an MBO of ICI’s former tanker operations in 1989 – in 2007. Two years later it added Stockton-on-Tees firm Stiller Tankers to the […]
Multimodal logistics firm DFDS Logistics has acquired Grimsby-based Quayside Distribution for an undisclosed sum.
Eastleigh, Hampshire-based Lambert Brothers has been acquired by Kinaxia Logistics, an investment company that also acquired Snetterton, Norfolk-based Foulger Transport last month.
Suttons Tankers has said that changes to employees’ terms and conditions are necessary to protect jobs in the long term, after coming under fire from union Unite.