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. […]
Staveley, Chesterfield tanker operator Hopkinson Transport has been acquired by Norbert Dentressangle.
Matthew Kibble Transport has bought Coventry-based Fullforce Logistics.
Irish operator Nolan Transport has bought John Raymond Transport, with a view to growing its UK operation.