A rise in firms tendering contracts more frequently and the loss of a large and “challenging” customer is presenting Gregory Distribution (Holdings) with both difficulties and opportunities. Reporting its results to 1 October 2016, the company, which has 32 depots across the UK, said the trend was presenting the firm with additional risk but also creating “more opportunities”. The directors’ report revealed Gregory Distribution had lost a large customer towards the end of the financial year. While the loss would […]
Gregory Distribution (Holdings)’s largest purchase to date, ARR Craib Transport, creates a £200m-plus turnover group, but it was the Scottish haulier’s regional focus that made the deal so attractive.
Framptons Transport Services was in rude financial health when it was acquired by Gregory Distribution earlier this year, according to its most recent filing at Companies House.
The acquisition of Framptons Transport Services by Gregory Distribution (Holdings) boosted the latter’s pre-tax profit by 25% in 2015.