Netherlands-based Agro Merchants Group has bought Motor Transport Award winner Grocontinental for an undisclosed sum. Established in 1941, Grocontinental offers cold storage and logistics services to the food industry with a particular expertise in the dairy and meat sectors. It is located in Whitchurch, Shropshire, and operates from a 35-acre complex with a warehouse capacity of 197,000 pallets. The business offers a range of specialist services including cheese cutting, blast freezing, ingredient sorting, de-boxing and reboxing, shrink-wrapping, bar coding, labelling […]
Bidcorp is to sell off Best Food Logistics to Tesco subsidiary Booker Group.
The TNT Express brand will remain intact following its €4.4bn (£3.4bn) acquisition by FedEx, which was completed this morning.
Trading in shares in Autologic will be suspended on 9 August as Stobart Holdings, a wholly-owned subsidiary of Stobart Group, completes its acquisition of the firm. On 18 June Stobart made an offer of £12.4m- the equivalent of 20p per share – for the automotive logistics firm. Both parties had been in talks since 24 May. Stobart said at the time it wished to acquire Autologic as it could enter the automotive logistics sector in a market-leading position. It is […]