Panther Warehousing has completed a management buyout (MBO), backed by private equity firm Lloyds Development Capital (LDC). The £17m buyout was lead by MD Colin McCarthy and will see the company’s founder and chairman Wilson Barrett retire. Barrett founded the company in 1989, and kept it going when it entered into a CVA in 2008. “He had £470,000 to pay, and over the next three or four years he paid off every penny of it, because that’s the mark of […]
Workforce availability will become a key element when companies decide where to locate their warehouses during 2018, according to leading property agents.
Thames Enterprise Park has submitted an outline planning application to Thurrock council to create a 5 million sq ft ‘superhub’ on the site of the former Coryton Oil Refinery.
TNT Post UK has secured funding to roll-out a final mile delivery service across the UK, in a bid to rival the service currently provided by Royal Mail.