Palletways bought Dalkeith for the second time this year, after it went into administration in August. Scottish haulage company Dalkeith Transport and Storage has been acquired twice in two months by Palletways. The pallet network bought Dalkeith on 27 July but was forced to put it into administration on 21 August after consulting with the haulier’s bankers. Once in administration, Palletways rebought the company for an undisclosed sum. The sale closely follows the appointment of Palletways financial director Andrew Reynolds […]
Carlson Vehicle Transfer, part of Groupe Cat, has bought some of the remaining assets of Quantum Automotive out of administration. Quantum appointed administrators Simon Plant and Daniel Plant of SFP on 31 January just days before the assets of sister-firm Sensible Transport were acquired by Autologic after it fell into administration with debts of almost £1m. Stuart Warren, MD of Carlson, tells MT: “We bought a few remaining assets and we are looking to take on a contract with one […]
Palletways Fulfilment, the warehousing arm of the pallet network, has won a contract with OrganiCulture, a distributor and retailer of organic products from Italy.
2015 saw some shocks in the market; FedEx bidding for TNT Express; XPO Logistics buying Norbert Dentressangle and BCA Marketplace buying Eddie Stobart’s automotive business. But they weren’t the only acquisitions in a year packed with M&A activity. We take a look at some of the deals that changed the industry.