The extraordinary general meeting called for by a DX Group shareholder has been cancelled after the delivery company announced its intention to buy Menzies Distribution. Gatemore Capital Managemen called for the meeting last month to try and have Bob Holt and non-executive director Paul Murray removed from the board and replaced with four new candidates. The move was prompted by a 90% fall in DX share price in the last two years, but Gatemore said it had withdrawn the request […]
Eddie Stobart Logistics’ growth continued at a gallop in the first six months to 31 May 2018, driven by a mix of acquisitions, new contract wins and retained business.
NWF Group, parent of Boughey Distribution, has recruited Brendon Banner as its new group finance director. Banner, who will take up his role in early November, is currently group finance director at steel engineering and fabrication group William Hare. He replaces Jonathan Ford, who is leaving NWF at the end of September to take up the role of chief financial officer at HomeServe. Earlier this month NWF reported that Boughey Distribution has seen turnover fall by £2.2m after the loss […]
Turnover at Boughey Distribution fell during the first half of its current financial year, after the loss of a customer was not offset with enough new business. In a statement issued today by parent company NWF Group covering the six months ended 30 November 2012, it was revealed that turnover at Boughey Distribution fell 17.5% to £18.9m (2011/12: £22.9m). Boughey Distribution was hit particularly hard by the loss of a contract with AB World Foods in the period, which caused […]