Europa Worldwide has outlined an acquisition strategy that would see it target operators, as well as air and sea interests, as MD Andrew Baxter looks to build the “biggest business” he can. Financed by a combination of profit and borrowing Europa will look at road freight operators with a turnover between £20m and £60m on an annual basis as Baxter adds to a business that, he told MT, had seen turnover rise 25% for the year-ending in May. Baxter said: […]
The remaining equity interest in Welsh quarrying and haulage company GD Harries (GDH) will be snapped up by buy-and-build construction materials group SigmaRoc later this month.
Europa Worldwide Group has revealed it aims to hit a turnover of £1bn by 2027.
Palletways Group has been bought by South-African group Imperial Holdings in a transaction worth £163m.