NFT Distribution has acquired Carmarthenshire-based NR Evans in a deal that values the temperature controlled specialist at approximately £20m. It is the third acquisition in the UK by NFT owner EmergeVest. The Hong-Kong private equity investor bought NFT in April 2014 and Palletforce in August 2015 and MD Heath Zarin said it “would not be our last” acquisition in the UK. “We are very excited about NFT’s domestic and international growth prospects and ability to provide an ever-expanding suite of […]
James Hookham, deputy CEO of the Freight Transport Association, says that the UK will need to replace Community permits on Brexit day.
The Liberal Democrats have blamed Brexit and the subsequent fall in the value of the pound since the vote for a 5ppl increase in the cost of fuel over the period, something they claim will be a longer term trend despite the current respite in UK pump prices.
The future of Vauxhall’s Ellesmere Port factory is jeopardised by high manufacturing costs and Brexit, according to owner PSA Group CEO Carlos Tavares.