Hargreaves Services has purchased civil engineering and earth moving group Pryor, after the latter was placed into administration. Pryor had been poised to enter administration since January “owing to a severe short-fall in working capital”. In a statement issued today FRP Advisory said the sale of the ongoing business, trade and certain assets to Hargreaves (UK) Services, a subsidiary of Hargreaves Services, had secured the future of the Harlow-based business. FRP said Pryor has since the final quarter of 2015 […]
Heathrow-based courier Crossflight has acquired the operations of North London firm DDI Worldwide as part of its expansion strategy. As of today (7 January), Crossflight will run DDI’s express courier, UK overnight and mail services out of its headquarters in Heathrow. Crossflight said the move will be seamless for all of DDI’s customers and the combined company will operate under the Crossflight brand. Crossflight MD Richard Stoughton said: “This important acquisition not only allows us to grow our business further, […]
North West logistics firm EFS Global shows no signs of leaving the acquisition trail after announcing its latest purchase – Scottish-based Courier Connections.
MAN Truck & Bus UK has purchased the HRVS Group from the Lockwood Group for an undisclosed sum.