Kinaxia Logistics has bought Mark Thompson Transport, its eighth operator acquisition in just over five years. The deal is Kinaxia’s third this year; it bought Panic Transport in February and Maiden’s of Telford in May. The business also owns Bay Freight; William Kirk; NC Cammack & Sons; Foulger Transport; and Lambert Brothers Haulage. Mark Thompson, which runs 153 vehicles with its 160 employees, had turnover of £17.7m for the year ended March 31 2016, with pre-tax profit of £1.5m. Kinaxia […]
Eastleigh, Hampshire-based Lambert Brothers has been acquired by Kinaxia Logistics, an investment company that also acquired Snetterton, Norfolk-based Foulger Transport last month.
Eight road transport and logistics businesses now have an annual turnover in excess of £1bn.
Kinaxia Logistics will move into a flagship warehouse facility at the Prologis-owned Daventry International Rail Freight Terminal (DIRFT) later this summer.