BCA Marketplace paid £16m for Eddie Stobart’s automotive business

BCA Marketplace, which owns WeBuyAnyCar.com, paid £16m in cash for Eddie Stobart’s automotive logistics business when it purchased it earlier this year. The acquisition of the company, previously known as Autologic, also saw Avril Palmer-Baunack – the former Stobart chairwoman and Autologic chief executive – rewarded with a bonus. Details of the sale and bonus are detailed in BCA Marketplace’s half-yearly report for the nine months to 4 October 2014. The report states that the business’ net assets were valued […]
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