Genesse & Wyoming (G&W), the United States-based rail freight company, has completed its takeover of Pentalver for an undisclosed sum. The deal, which was announced in December, sees G&W, which also owns multimodal operator Freightliner, acquire the container haulier from parent APM Terminals. Pentalver will continue to be run by MD Chris Lawrenson. It will operate as part of G&W’s UK/Europe region, led by Russell Mears. G&W said the deal will boost its UK service by utilising both Pentalver’s 150-strong […]
Menzies Distribution is looking increasingly towards the parcels market as it looks to diversify the business to offset falling revenues from its core newspaper distribution business.
CM Downton’s deal to buy C&H (Hauliers) has created a haulage group with an annual turnover of more than £114m, and set it on the path to becoming a true 3PL.
Vehicle transporter Autologic’s shares have today been delisted from the Alternative Investment Market following its takeover by Stobart Group. Stobart Group made its formal £12.4m offer for Autologic in June, having been in talks since May. The ability of Autologic to use Stobart Rail infrastructure to reduce the level of empty running endemic to the car transporter sector, as well as the benefits of access to Stobart’s storage sites, were both cited as reasons why the deal made sense. Stobart […]