Palletways Group has been bought by South-African group Imperial Holdings in a transaction worth £163m. The pallet network’s previous owner, Phoenix Equity Partners, purchased the company in 2004 when it backed CEO James Wilson’s takeover. At this point Palletways was 10 years old as a business with a definite UK focus. Since then, the network has transformed itself into a pan-European network operating in more than 20 countries through a mix of directly owned hubs and line-haul agreements with domestic hauliers. […]
18) James Wilson, CEO, Palletways After two decades with TNT, Edinburgh-based James Wilson was ready for a new challenge. That came in the shape of Palletways, which he bought with backing from Phoenix Equity Partners in 2004.
MT Top 100 company Seafield Logistics has been placed into administration.
DX Group has acquired The Legal Post (Scotland) and First Post from First Scottish Group for £3.25m, in a move that consolidates the legal document exchange market in Scotland.