Leicester-based packaged chemicals logistics provider HW Coates Holdings has declared another rise in turnover for its last financial year but a significant decline in profits. In the year to 31 December, the group – which includes haulage and warehousing firm HW Coates, a majority stake in The Hazchem Network, and recently acquired document storage specialist Whitefoot Forward – raised overall turnover by 7% to £40.49m (2013: £37.84m). Pre-tax profit, however, fell just under 27% to £7.13m (2013: £9.76m). The rise […]
Norbert Dentressangle has been officially purchased by XPO Logistics. The deal to acquire 67% of the business from the Norbert family has gone through less than six weeks after an unsolicited €3.24bn (£2.3bn) bid was made by the US firm for the business.
Fowler Welch is on course to achieve a stronger set of financial figures this year than last, the chief executive of its parent company has told MT.co.uk. Dart Group’s Philip Meeson said despite tough prevailing economic conditions, Fowler Welch continues to grow its business and prove that its service levels are attractive to customers. “We’re gaining more business and we’re very satisfied with the progress that is being made and the support we get from our customers,” said Meeson. “The […]