NFT owner EmergeVest had made a £30m bid for pallet network Palletforce. The acquisition, which remains subject to shareholder approval, will bring investment and also the opportunity to take the Burton-upon-Trent business global thanks to EmergeVest’s logistics interests in he UK and China. Palletforce, which was founded in 2001 by Mick Scarlett, has 88 shareholder haulier members and had a turnover of £18.4m in the year to 31 August 2014 (from network fees). Total network revenue (including deliveries by the […]
March 6, 2013 Chris Druce
The head of UK Pallets has left the business after more than seven years in his role, Motortransport.co.uk has learnt.
July 8, 2013 Chris Druce
One time Pall-Ex Romania rival TCE Holding has joined the network, it has been revealed.