Connect Group has completed its takeover of Tuffnells Parcels Express, with the deal first revealed last month. Tuffnells, known for its Big Green Parcel Machine brand, has been acquired for an initial consideration of £113.4m, according to a statement released to the City earlier. Subject to performance targets being met and continuing employment for up to three years, a further payment of as much as £15.3m will be made to “Tuffnell management and option sellers”, Connect added. Mark Cashmore, group […]
Hermes has teamed up with ByBox to offer a parcel locker delivery and collection service for SMEs and online retailers.
Ivybridge, Devon-based Kay Transport has bought King Stag (Transport).
Tuffnells owner Connect Group has completed the sale of its care and education division to education resource provider RM.