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 […]
CM Downton has scored a hat-trick of renewals worth £3.5m a year, with three paper and packaging industry clients.
Same day courier firm CitySprint has completed its third acquisition this year with its purchase of Enfield-based The Courier Service.
Michael Conroy has a bounce in his step as he shows MT a series of wall-mounted photos of the network’s development in Fradley before its move to Callister Way, its current home, in 2009.