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: […]
Europa Worldwide has officially moved its Erith operation into a £30m HQ and logistics hub at Prologis Park in Dartford, Kent.
Gwent-based recovery firm Caldicot Group has acquired Overbrook Recovery in a move which will see the company expand its portfolio of depots to four regional centres.
Three years ago the industry was shocked as one of the most prominent names in family haulage, the Baxter family’s RH Freight, was snapped up by Swiss logistics giant Kuehne + Nagel for £66.9m. It was a move that came out of the blue, and was concluded within in matter of weeks (if the folklore attached to the deal is to be believed) but it resulted in Andrew Baxter, who alongside his brother Ian ran RH Freight in the footsteps […]