The Competition and Markets Authority (CMA) has given the green light to Müller UK & Ireland Group’s purchase of Dairy Crest’s dairy operation – almost a year after the plan was first revealed. Under the approved proposal, Müller will pay in the neighbourhood of £80m for the Dairy Crest operation when the transaction concludes in late December, with the exact final figure subject to adjustment based on variances in Dairy Crest’s working capital, capital expenditure and profitability nearer the time. […]
Fuel distributors and the Unite union are poised for a fourth day of negotiations over tanker drivers’ training, safety and employment terms. Conciliation service Acas is heading up the talks, which first kicked off last Wednesday (4 April) and reconvened yesterday morning (10 April) at 10am following the Easter weekend. The negotiations follow a majority vote for national strike action announced on 26 March from Unite tanker drivers, which supply fuel to around 90% of UK fuel courts – about […]
Tuffnells Parcels Express contributed £114m of revenue and £9.7m of operating profit to its new owner Connect Group in the year to the end of August, group chief executive Mark Cashmore has revealed.