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 […]
BCA Marketplace has hit the acquisition trail once more, snapping up automotive services group Paragon Automotive for £105m.
Acumen Automotive Logistics has expanded its operation with the acquisition of J&A Transporters.
Pollock (Scotrans) has joined the Palletways pallet network, covering the EH postcode as well as some of KY and TD. The West Lothian operator has signed a ten-year deal with Palletways. It was previously a member of the Pall-Ex network. Fraser Pollock, MD at the operator, says: “As a business, operating within the competitive distribution sector, we are always looking for opportunities to support our growth strategy by strengthening our service proposition to our customers. “Our new membership with Palletways […]