Eddie Stobart Logistics returns to the stock market next month with a listing on the Alternative Investment Market (AIM) that will value the operator at more than half a billion pounds. In a statement today, the haulier’s holding company, Greenwhitestar Capital, said it would be seeking admission to AIM in a bid to raise funds for acquisitions in the “highly fragmented market”. “The company is targeting a market capitalisation of admission in excess of £550m, with approximately £130m of proceeds […]
The Unite union has threatened The Co-operative Group with nationwide industrial action over the transfer of 50-Midlands based drivers to Eddie Stobart.
Wincanton has published details of its Britvic contract win, revealed by Motortransport.co.uk last month.
Merger and acquisition deals in the UK logistics sector remain strong in the first half of 2021, despite the loss of 80,000 EU workers post-Brexit who were employed in the logistics sector.