Eddie Stobart saw its e-commerce turnover more than double last year after it began eight new contracts off the back of its iForce acquisition. Stobart bought the logistics management business for £45m last year, with £37m cash from its AIM flotation and five million ordinary shares in Eddie Stobart Logistics to a selling shareholder at iForce. Group turnover grew by 12% to £618m during the year. The operator’s e-commerce sales for the period ended 30 November 2017 totalled £103m (2016: […]
Eddie Stobart Logistics (ESL) has received a takeover bid from one of its current shareholders, Dbay Advisors.
Stobart Group has made a “solid” start to its financial year despite a cold and wet June followed by the July heat wave causing volatility in its retail distribution business.
Eddie Stobart Logistics (ESL) has extended its reach in the bulk sector after clinching a five year deal with Lallemand Biofuels and Distilled Spirits (LBDS).