DX Group’s multi-million pound takeover of Legal Post (Scotland) and First Post appears to be back on track, after the UK competition authority lifted an enforcement order pausing the deal. In a statement today, DX Group said the UK Competition and Markets Authority (CMA) had lifted its initial enforcement order. Enforcement orders such as this delay the integration of businesses, providing the CMA time to look into the implications of deals it feels could lead to a lessening of competition […]
Nightfreight has been acquired by DX Group in an undisclosed cash deal that creates a mail, courier and distribution business with a combined turnover of approximately £290m. As part of the acquisition former City Link MD Stuart Godman will join the combined managerial board as chief operating officer. His former Target Express and City Link colleague, DX chief executive Petar Cvetkovic, remains in his current role while Nightfreight chief executive Ian Smith becomes DX strategy director. Cvetkovic says the acquisition […]
Strood, Rochester-based R Swain & Sons has delivered a boost to its special projects division with the acquisition of specialist plant and services firm Gatwick Plant.
Ryder Europe vice-president and MD David Hunt’s claim that “Ryder is full of the joys of spring”, is not what MT expects to hear as we meet to discuss the integration of Hill Hire. But like the company he works for, Hunt can pull the occasional surprise. Ryder’s big surprise last year was the £151m acquisition of Hill Hire, announced the day before its 40th birthday in the UK (MT 13 June 2011). This takeover created a rental and leasing […]