SDC Trailers has been acquired by Chinese trailer manufacturer CIMC Vehicles for an undisclosed sum. Retlan Manufacturing, parent company to the Northern-Ireland based manufacturer, said that the existing management team would stay in place and plans were in place to consolidate its position and increase its export sales. David Li, general manager and director of the board of CIMC Vehicles, said that the acquisition marked an exciting new chapter in the history of SDC Trailers. “We look forward to working […]
York-based haulage firm Revis Transport has continued its drive for growth with the acquisition of Spandler Bros from Bunn Fertiliser.
Genesse & Wyoming (G&W), the United States-based rail freight company, has completed its takeover of Pentalver for an undisclosed sum.
CitySprint has purchased the same-day operations of Thames Valley-based Scarlet Couriers. The deal sees CitySprint acquire Scarlet Courier’s same-day, overnight and international operations in Bracknell, as well as the company’s same-day courier operation in Slough. Patrick Gallagher, chief executive, CitySprint, says: “This deal is another significant milestone in CitySprint’s on-going growth strategy. CitySprint’s extensive national reach is key to our success, so we’re delighted to be consolidating our presence in Berkshire.” Following the deal, Scarlet Couriers will continue to run […]