Eastleigh, Hampshire-based Lambert Brothers has been acquired by Kinaxia Logistics, an investment company that also acquired Snetterton, Norfolk-based Foulger Transport last month. Lambert Brothers, which is a Palletline member, follows in the footstep of Bay Freight, William Kirk (2013) and NC Cammack & Sons (2013), as well as Foulger Transport, in being acquired by Kinaxia. Clive Watkins, MD at Lambert Brothers,who will continue in his role, said the message following the deal was that it was “business as usual”. “Kinaxia […]
West Bromwich-based Sheldon Clayton Group has acquired the Wednesbury, West Midlands operation of Manchester warehousing and transport firm CFT Services for an undisclosed sum. The move will see all 30 staff at CFT’s Wednesbury operation move to Sheldon Clayton’s 12-acre, West Bromwich site. Sheldon Clayton group MD Stephen Pollock said the acquisition would add over £3m to the group’s turnover, which has risen from £5m four years ago to £20m now, including the CFT operation. Sheldon Clayton, which has 240,000ft² […]
DX Group’s multi-million pound takeover of Legal Post (Scotland) and First Post appears to be back on track, after the UK competition authority lifted an enforcement order pausing the deal.
In April US 3PL XPO Logistics surprised the European logistics market with an unsolicited €3.24bn (£2.3bn) offer for French giant Norbert Dentressangle (ND).