Refrigerated-rental firm Petit Forestier is to buy leasing and rental provider Fraikin in a deal that will create a European player with combined sales of €1.3bn (£1.09bn). Villepinte, France-based Petit Forestier has entered into an exclusivity agreement with Fraikin to acquire 100% of the business with financial backing from CVC Capital Partners and Eurazeo. Petit Foresiter has 228 depots in Europe and the Maghreb region with 42,700 vehicles. Frakin – founded in 1944 with headquarters in Colombes, near Paris – […]
Midlands courier company Burton Sameday has become one of the first customers for Burnt Tree’s new refrigerated vehicle rental service Refrigerental. Half of Sameday Burton’s fleet is now temperature controlled and it has taken a new refrigerated vehicle from Burnt Tree on a two year rental deal after earlier switching some of its ambient dry freight vehicles to the leading independent truck and van rental specialist. A second identical vehicle is due to join the fleet soon.
Same day courier CitySprint has acquired Heathrow Baggage Services, its third acquisition in three months.
Frozen food specialist Yearsley Group has been acquired by the US temperature-controlled supply chain operator Lineage Logistics.