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: […]
Freight and warehousing specialists Europa Worldwide Logistics has opened a new £20m purpose-built distribution centre in Birmingham. Constructed in just 24 weeks, the new 155,000ft² facility at ProLogis Park, Minworth, brings together a number of the company’s operating divisions under one roof, including European express, seafreight, national distribution, exhibition and project forwarding and logistics services. The firm, which has been running for nearly 50 years, has been operating from Birmingham since 1985. The Minworth facility employs 100 staff, has 15,000 […]
Andrew Baxter, MD of Europa Worldwide Group, has said that the international groupage specialist “feels like a different business” just two years after he acquired a 90% stake in the Dartford-based operator.