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 – […]
East Yorkshire bulk powder haulier Simon Gibson Transport has been acquired by French logistics firm Groupe Charles André (GCA) for an undisclosed sum.
Hargreaves Services has said that its transport division saw a 7.6% rise in turnover in the year-ending 31 May, as it benefited from strong dry bulk volumes.
Pollock (Scotrans) saw turnover climb in its first financial results since its acquisition of fellow Palletways member Gilbraith (TS) last February.