Kinaxia Logistics has snapped up its seventh haulage firm in just over five years, with Telford-based AJ Maiden & Son, which trades as Maiden's of Telford, joining the fold.
It already owns Bay Freight (January 2012), William Kirk (September 2013), NC Cammack & Sons (May 2014), Foulger Transport (March 2015), Lambert Brothers Haulage (March 2015) and Panic Transport (Contracts) acquired in February.
Palletforce and TPN member Maiden’s of Telford was formed 1931, and today provides general haulage, including contract distribution, pallet distribution and warehousing and storage.
Maiden’s of Telford MD John Maiden, who will remain in place alongside son AJ Maiden at the business, said: “We are very pleased to be joining Kinaxia Logistics as this gives us a great opportunity to maintain the strong family values and customer service levels that have been developed over the last 86 years whilst providing a secure future for the business.
"We are excited about growing our business within the wider Kinaxia family.”
Kinaxia Logistics director, Peter Fields, said: “We are proud to welcome Maiden’s of Telford to Kinaxia and anticipate that their distinctive family culture and established levels of customer service will fit perfectly with the decentralised way that Kinaxia operates.
“Our aim is to build a flexible and efficient, service-focused UK haulage and warehousing group and it is anticipated that Kinaxia will make further investments in the next 12 months.”
Speaking to MT, Fields added that he expected to complete on another deal sometime in June.
According to Kinaxia, taking into account this latest acquisition it now has 900 staff with a total annual turnover of £75m. It operates 450 vehicles and has 850,000ft² of warehouse space.
