Palletforce and NFT Distribution owner EmergeVest has bought CM Downton for £75m. The deal sees EmergeVest acquire the entire shareholding from the Downton family. The Downton family will, however, continue to serve in their respective roles as senior management of the company. EmergeVest has been acquiring companies in the UK logistics sector since its formation in 2013. Led by CEO and MD Heath Zarin, EmergeVest’s current UK portfolio includes supply chain software company Adjuno, Allport Cargo Services, NFT Distribution, NR […]
Strood, Rochester-based R Swain & Sons has delivered a boost to its special projects division with the acquisition of specialist plant and services firm Gatwick Plant.
The European Commission has launched what it terms an “in-depth” investigation into the proposed acquisition of TNT Express by FedEx.
Clipper Logistics has announced the acquisition of German logistics firm R Geist Spedition.