Refrigerated vehicle rental firm Petit Forestier has abandoned its bid to buy leasing company Fraikin Group after opposition from the French Competition Authority. The deal between the two French-owned companies, announced in June last year, aimed to create a major European player in the sector with combined sales of £1.09bn. Petit Forestier’s bid to buy Fraikin hit the buffers after the French Competition Authority raised concerns that the deal would create “a quasi-monopoly” giving Petit Forestier a 90% market share […]
The new owner of Clugston Distribution Services is linked to Malta-based HLD Group which bought AM Widdowson and Sons in 2015 and Crewe-based Davis Haulage in 2016.
Connect Group has completed its takeover of Tuffnells Parcels Express, with the deal first revealed last month.
Tuffnells Parcels Express sales have risen sharply with almost 300 new customers being brought on board since it was acquired in December by Connect Group.