Mergers and acquisitions (M&A) activity in the transport sector throughout the world is predicted to rise for the fourth consecutive year, according to a report from KPMG. The analysis predicts the amount raised by completed M&A transactions this year will exceed £52bn, surpassing last year’s figure of £48bn. Freight and logistics M&A activity specifically has quadrupled since 2013, according to the report. Completed transactions worth £7.2bn were recorded for the year, which rose to £31.4bn in 2015, with a further […]
Canute Group’s former pallet network is seeking to have the business wound up next month if it refuses to settle a bill of £47,489.35.
Fuel, food and feed distributor NWF Group, owner of Boughey Distribution, saw pre-tax profit for the year ended 31 March 2020 grow 36.1% to £13.2m (2019: £9.7m).
Grangemouth Dock-based Duncan Adams is believed to have been placed into administration putting 148 jobs at risk.