Pharmaceutical giant Alliance Boots has taken full ownership of Derbyshire-based healthcare logistics firm UniDrug Distribution Group (UDG). Alliance Boots, which owned half of the contract logistics firm, acquired the remaining shares from UDG Healthcare for £66m in August. The operator, which runs 56 vehicles and employs 750 people, is to be rebranded as Alloga. UDG is currently part of the Alloga pan-European pharmaceutical distribution network, which was formed as a joint venture between Swiss healthcare firm Galenica and Alliance Boots […]
Tuffnells Parcels Express sales have risen sharply with almost 300 new customers being brought on board since it was acquired in December by Connect Group.
The head of Norbert Dentressangle’s (ND) UK logistics believes 2012 will see the operation cement its number one spot in ND’s overall international operations as the business shifts into another gear following the integration of TDG. In ND’s latest results, the UK outperformed all other countries to become its logisitic division’s key revenue contributor in 2011, generating 41% of the total. ND Logistics UK MD Malcolm Wilson tells MT.co.uk: “We’re in a great place; the business has a renewed scale […]
Trading in shares in Autologic will be suspended on 9 August as Stobart Holdings, a wholly-owned subsidiary of Stobart Group, completes its acquisition of the firm. On 18 June Stobart made an offer of £12.4m- the equivalent of 20p per share – for the automotive logistics firm. Both parties had been in talks since 24 May. Stobart said at the time it wished to acquire Autologic as it could enter the automotive logistics sector in a market-leading position. It is […]