Solid fuels and bulk materials logistics provider Hargreaves Services has acquired bulk earthmoving and civil engineering firm CA Blackwell Group, which trades as Blackwell. The £11.9m deal includes a net cash payment of £5.3m and the transfer of Blackwell shareholders to a property valued at £3.4m. Hargreaves chief executive Gordon Banham said Blackwell’s operation is “complementary to and synergistic” to Hargreaves’s existing mining operation, and offers flexibility with its “existing fleet of heavy plant, providing further opportunities to diversify the […]
Hargreaves Services has warned that its transport division’s operating profit may fall by £500,000 this year due a decline in the coal, steel and construction markets.
North West logistics firm EFS Global shows no signs of leaving the acquisition trail after announcing its latest purchase – Scottish-based Courier Connections.
Frozen food specialist Yearsley Group has been acquired by the US temperature-controlled supply chain operator Lineage Logistics.