Acumen Automotive Logistics has expanded its operation with the acquisition of J&A Transporters. The acquired Somerset-based business specialises in used vehicle movements for auction houses, direct contracts with dealerships for new cars and vehicle swaps, as well as fleet movements for rental operators. The deal adds 15 car transporters and a facility in Bridgwater to Acumen’s portfolio, increasing the fleet to more than 200 vehicles. Chris Doughty, MD of parent company Acumen Logistics Group, said of the deal: “It sees […]
Tarmac has confirmed it is in consultation with staff, following media reports suggesting it intends to relocate its headquarters from Wolverhampton to Solihull as part of its joint-venture with Lafarge. The firms are looking to combine their UK activities in the cement, aggregates, asphalt and ready-mix concrete (RMX) sectors to find further efficiencies in a tough environment. According to reports, the closure of Tarmac’s Ettingshall, Wolverhampton, headquarters and the opening of a new base in Solihul is one of the […]
Kent operator DF Services has been acquired by investment firm HLD Group for an undisclosed sum.
TVS Supply Chain Solutions has acquired same day courier and technology company Rico Logistics for an undisclosed sum. TVS, which specialises in supplying spare parts to the automotive industry – including Isuzu Truck, MG Motor and Dennis Eagle – has an annual global turnover of six billion dollars and has acquired Rico Group as part of its European expansion plan. It has acquired the majority shareholding of Rico Group, whose services include a same day courier service throughout the UK […]