Turners (Soham)’s decision to expand its container haulage interests with the purchases of Macintyre Transport and Goldstar Transport last year has seen significant increases in turnover and profit at the acquisitive operator. Now reporting to Com- panies House as Turners (Soham) Group of Companies, pre-tax profit rose to £28.26m (from £24.8m in the previous year) for the period ending 31 December 2016, with turnover up 27% to £313.8m (£247m). It also revealed annualised turnover in its container division stood at […]
Turners (Soham) experienced a loss of a major contract in its tanker division that led to a slight decline in turnover and profit during its most recent financial year, MD Paul Day said.
Mergers and acquisitions (M&A) activity in the transport sector throughout the world is predicted to rise for the fourth consecutive year, according to a report from KPMG.
Paul Day, MD at Turners (Soham), has described the group’s purchase of hazardous logistics specialist Lewis Tankers last month as being “all about growth”.