Eddie Stobart Logistics has completed its IPO and listed on AIM at the London Stock Exchange. Trading in shares began at 8am today and, as of the time of writing, remain unchanged at a list price of 160p. Alex Laffey, chief executive at Eddie Stobart, said that the completion of the IPO was a “key milestone” for the business. “We have received strong interest from investors and we are excited to begin this new period as an independent company with […]
Eddie Stobart Logistics will replace XPO Logistics as the logistics partner for Aggregate Industries’ Concrete Products division.
Stobart Group reported an increase in turnover and profit in its transport and distribution unit in its final year as a fully-owned division of the business.