Knights of Old has said it expects to “reap the benefits of larger economies of scale”, after a full year of trading incorporating its 2013 acquisition of AE Parker saw pre-tax profit and turnover rise. For the 12 months ending 31 May 2014 turnover rose to £47.4m, up from £44.6m in the previous financial year, while pre-tax profit increased to £1.15m, compared to £1.149m in 2013. A total of £40.2m of that turnover is derived from the UK, with £7.2m […]
Roanza, the Mercedes truck dealer that entered into administration last month, had been racking up losses for several years, according to insolvency practitioners.
Stephen Turner, the MD of Currie European Transport, has led a successful MBO at the Dumfries-headquartered firm.