FTA subsidiary TDUK has bought Tachodisc out of administration. It will take control of the business and “certain assets”, the nature of which were not disclosed, with immediate effect. The business, which supplies tachograph equipment and compliance software, will trade under the TDUK brand and will be overseen by June Powell, director of operations at the FTA. FTA chief executive David Wells said: “I am delighted to be able to announce that FTA has acquired the business and certain assets […]
Palletways Group has been bought by South-African group Imperial Holdings in a transaction worth £163m.
Pall-Ex has moved to ensure coverage continuity in the South-west by buying Cornish network member Intercounty Distribution for £700,000. The company based on the Pennygillam Industrial Estate in Launceston has an O-licence for up to 22 vehicles and eight trailers. It has been a Pall-Ex member for 14 years. Pall-Ex MD Adrian Russell said: “The opportunity was presented to us after Intercounty’s MD Nick Coombes announced his retirement earlier this year. We are happy that Nick has decided to stay […]
The FTA has come out in favour of Manston Airport as a short to medium term contingency for Operation Stack, after it was revealed the government had paid approaching £6m to rent it.