In an analysis of mergers and acquisitions in the global transport sector early this year, KPMG predicted activity would remain high in 2016 – and their forecast has proven to be spot on. Hargreaves Services (pictured top) kicked things off in January with the purchase of earthmoving and civil engineering firm CA Blackwell Group, in an £11.9m deal. Its chief executive described Blackwell’s operation as “complementary to and synergistic” with Hargreaves’ mining operation. With a taste now for splashing out, […]
Essex-based freight forwarder and haulier Simarco has purchased Longport-Staffordshire based IFB for an undisclosed sum.
In April US 3PL XPO Logistics surprised the European logistics market with an unsolicited €3.24bn (£2.3bn) offer for French giant Norbert Dentressangle (ND).
The Potter Group has officially begun marketing itself as a Palletline member, following its takeover of pallet network member House of James in May. Palletline now has a dedicated page with contact details on the Ripon-based multi-modal company’s website, after Potter received permission to join from the network’s executive early this year. Potter’s takeover of House of James created a £33m company, adding 100,000ft² of warehousing space, 35 vehicles and 55 trailers to its fleet. The House of James brand […]