The new owners of AM Widdowson & Son, the Leicester haulier sold in a pre-pack deal, have ambitions to grow the business and are on the acquisition trail for more logistics firms. Damion Davis, MD at Widdowson Logistics, said the haulier was now in a strong position to expand. It comes after a turbulent two years in which it first entered into a Company Voluntary Arrangement (CVA) and then administration when it fell into arrears with both its CVA contributions […]
Creditors at AM Widdowson & Son have voted to approve a CVA that will see them paid 36.12p in the pound.
Canute Haulage Group creditors stand to lose millions of pounds following the sale of the business earlier this month via a pre-pack administration.