Chilled food distribution specialist NFT Distribution has had to adapt to a changing marketplace in the past few years. As the logistics provider to a range of food retailers including ASDA, Sainsbury’s and Marks and Spencer, it has seen volumes shift sharply as newcomers, including Aldi and Lidl, disrupt the market in a business that already functions on extremely tight margins. Those market headwinds, combined with last year’s delays at Calais due to migrant incursions and the cost of buying […]
EV Cargo Logistics has acquired ‘specific assets and operations’ of NFT Distribution.
Chilled food logistics specialist NFT has announced a management restructuring that will see chief operating officer Ross Eggleton become chief executive at the firm in January.
Renewed economic confidence and a focus on efficiencies saw an increase in the amount of mergers and acquisitions in 2014 as operators looked to strengthen, diversify and consolidate. Motortransport.co.uk takes a look back at a surprisingly strong year of M&A activity. In February, Pollock (Scotrans) acquired Blackburn-based haulier Gilbraith (TS) for an undisclosed seven figure sum, giving the Scottish operator extended reach into north-west England. April saw Essex-based freight forwarder and haulier Simarco purchase Longport-Staffordshire based IFB for an undisclosed […]