Eddie Stobart CEO Alex Laffey is mulling a rebrand of the logistics firm’s 2,500 strong fleet, which could even see the iconic name disappear from Britain’s roads. The review has been triggered by Eddie Stobart’s need to renew its brand-use agreement with former parent group Stobart Group, which holds a 12.5% interest in the company as well as the brand rights under an agreement that ends in 2020. Eddie Stobart can still use the brand at a cost of £3m […]
Stobart Group’s Biomass division has won a 15-year contract with Western Bioenergy to supply 150,000 tonnes of biomass a year to its plant in Port Talbot, Wales.
UK Mail’s bull run couldn’t last. After hitting the heights of 510pence per share last week, following a stellar set of results, it has drifted back slowly to 497p as of today – still significantly higher than the 445p the week before its full year results. Not bad work in a fortnight. But it has still helped the MT basket of six shares hit a new high for the year: £18.67…
Stobart Group has completed the partial divestment of its transport division.