Renewed economic confidence and a focus on efficiencies saw an increase in the amount of mergers and acquisitions in 2014 as operators looked to strengthen, diversify and consolidate. Motortransport.co.uk takes a look back at a surprisingly strong year of M&A activity. In February, Pollock (Scotrans) acquired Blackburn-based haulier Gilbraith (TS) for an undisclosed seven figure sum, giving the Scottish operator extended reach into north-west England. April saw Essex-based freight forwarder and haulier Simarco purchase Longport-Staffordshire based IFB for an undisclosed […]
DBC Foodservice had no vehicle assets despite having 230 of them when it went under in March, as its fleet was run on a contract-hire basis. The £300m turnover company supplied some of the best known cafes, restaurants and bars on the high Street including Caffé Nero, Prezzo, Loch Fyne and vodka bar chain Revolution. DBC’s fleet of mainly Dafs delivered 8,000 multi-temperature products to customers each year. However, after attempts to sell the business earlier this year failed, administrator […]
Gregory Distribution has taken on four apprentice drivers at its Cullompton depot as part of a drive to attract younger people into the industry.
Suttons Group has announced the appointment of Gilles Letard as head of commercial, Europe & Americas. Letard was formerly commercial director in the road tanker division at Norbert Dentressangle. Commenting on the new appointment, Suttons Group MD Andrew Palmer said: “Gilles brings a wealth of commercial experience to this key role. “He has a strong track record of putting into practice high levels of compliance and safety in the area of specialist services and will greatly assist our growth in […]