DX Group has bought some of City Link’s assets for £1.1m as the administrator. DX, which is headed up by former City Link MD Petar Cvetkovic, has bought assets including cages, scanners and certain intellectual property, the nature of which has not been disclosed. The sale comes as a spokesman for administrator Ernst & Young (EY) told Motortransport.co.uk that City Link’s leased the majority of its 1,700-stong vehicle fleet prior to it entering administration on Christmas Eve. This included around […]
May 29, 2015 Emma Shone
DX Group has purchased 44 acres of land in the West Midlands as part of plans for a £35m new hub.
January 7, 2014 Ashleigh Wight
City Link has ordered 86 Cartwright-built double-deck trailers as part of its fleet replacement cycle.