Ketra Logistics has acquired fellow Palletways member IEFS to expand its coverage in London. Ketra MD Martyn Young takes over the Barking-based business from Derek Best, who has retired after more than 20 years at the helm. Young said the two companies will continue to operate independently. The purchase of IEFS, which specialises in next-day palletised distribution, increases Ketra’s fleet by 60%. According to accounts filed at Companies House for the year to 31/1/16 Ketra Logistics had an annual turnover […]
Palletways and Nigel Rice Transport parted company at the end of last year due to concerns about the now collapsed operator’s ability to meet its network commitments.
Montgomery Distribution’s Preston branch has bolstered its team.
Palletways Group has been bought by South-African group Imperial Holdings in a transaction worth £163m.