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 […]
Palletways Group has been bought by South-African group Imperial Holdings in a transaction worth £163m.
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.
Pollock (Scotrans) saw turnover climb in its first financial results since its acquisition of fellow Palletways member Gilbraith (TS) last February.