Steve Granite, the chief executive of Abbey Logistics Group, has led a management buyout of the business for an undisclosed sum. The deal sees Abbey Logistics’ founders the Lucy family exit the business they established more then 25 years ago, which is head quartered in Bootle, Liverpool. The MBO was supported by NorthEdge Capital. It sees Granite and commercial director Dave Coulson remain at the helm of the operator. Specialising initially in the liquid food ingredients transportation market, Abbey has […]
A focus on growth, rather than reducing cross-company costs, will be Abbey Logistics’ priority after its acquisition of Armet Logistics.
Abbey Logistics has hired former Suttons Group director Tony Kenny as its group operations director.
Steve Granite, MD of Abbey Logistics, has said the business’s new animal feeds division will fuel his ambitions to create a £100m group within the next three to four years.