Clipper Logistics has bought warehouse and distribution business Tesam Distribution for £11m. The Peterborough-based firm operates from three sites in and around the city, with a combined coverage of more than 1.1 million ft². Founded in 1984, it currently employs around 250 people. Clipper said Tesam Distribution’s sites are “attractively located with highly competitive cost bases”. The operator intends to increase capacity at Tesam’s HQ in Ivatt Way by adding mezzanine floors and new racking and handling space. This, said […]
A focus on growth, rather than reducing cross-company costs, will be Abbey Logistics’ priority after its acquisition of Armet Logistics.
Ryder Europe has completed the purchase of trailer repair and maintenance company Bullwell Trailer Solutions.
Asda’s prospective new owners are looking to raise £1.2bn from the sale of the supermarket chain’s logistics and distribution network, according to reports.