A 90% plummet in DX Group’s share price has prompted its largest shareholder to call for the removal of two board members for their “inexcusable” performance. Gatemore Capital Management, which owns 11.3% of DX Group, has requested an EGM to discuss the removal of board chairman Bob Holt and non-executive director Paul Murray. It wants to see them replaced with four new board members, including Nightfreight co-founders Lloyd Dunn and Russell Black, and former Tuffnells CEO Ron Series. Gatemore said […]
The DX Group and John Menzies Distribution merger could be sealed this summer after both boards approved a revised offer that satisfies objections from a major shareholder.
Wincanton has built on its relationship with Ikea with a new three-year home delivery contract.
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.