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 […]
The future of Vauxhall’s Ellesmere Port factory is jeopardised by high manufacturing costs and Brexit, according to owner PSA Group CEO Carlos Tavares.
There is widespread agreement among UK and Irish parties that there should be no return to what has been labelled a ‘hard border’ separating Northern Ireland and Ireland after Brexit.