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: […]
Menzies Distribution has announced the acquisition of Scotland-based logistics specialist JBT Distribution.
Europa Worldwide Logistics is expanding its presence in Southampton as it looks to double the number of consignments made out of the region in the next 12 months.
The acquisition of ARR Craib helped boost Gregory Distribution Holdings profits last year and offset the impact of a bad debt acquired after a major customer went bust.