BCA Automotive, formerly Stobart Automotive, is now responsible for one in five finished vehicle movements in the UK, according to a statement issued to investors today. From 28 August 2015 (when BCA Marketplace acquired Stobart Automotive for £16m) to 3 April the division achieved a turnover of £44.3m and an adjusted EBITDA of £2.1m. BCA said that in the seven months since its acquisition, BCA Automotive had completed more than 600,000 vehicle deliveries throughout the UK and 250,000 fixed route […]
BCA has appointed a new MD to head up its logistics operation as part of a plan to grow the division.
Eddie Stobart Logistics has successfully completed its transformation into a stand-alone business after the acquisition of a 51% stake in the operator by private equity firm DouglasBay Capital on 10 April 2014, according to its parent company.
Stobart Group has shaken off a tough start to the year by revealing a 7.2% improvement in the profitability of its transport operations, and a 13% leap in turnover driven by the addition of Autologic.