A focus on growth, rather than reducing cross-company costs, will be Abbey Logistics’ priority after its acquisition of Armet Logistics. Abbey chief executive Steve Granite, who led an MBO of the company last August, told Motortransport.co.uk that both operations are running on a business as usual footing for the time being. However, when it comes to integrating the operations it wouldn’t necessarily mean drastic cuts to resources. He said: “There’s a lot of synergies from a staff point of view, […]
The sale of Kuehne+Nagel Group’s contract logistics portfolio to XPO Logistics has been sealed after being unconditionally approved by the British Competition and Markets Authority.
Transportation fuel supplier and distributor Greenergy has bought Barnstaple-based William C. Hockin (Tankers) as part of wider plans to grow its long distance operations.
European chemical transport giant Hoyer has acquired the bulk liquid division of Dutch logistics company De Rijke. The deal sees Hoyer take on 240 employees at five De Rijke offices, including its site in Preston Brook, Cheshire. Across Europe Hoyer will add to its operations: 1,500 tanker containers, 130 tractors and 300 tanker trailers and chassis. Günter-Friedrich Maas, head of the Chemilog business unit at Hoyer, said: “We will be gaining market share, particularly in our relations to and from […]