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 […]
DX Group’s multi-million pound takeover of Legal Post (Scotland) and First Post appears to be back on track, after the UK competition authority lifted an enforcement order pausing the deal.
The Unite union has suspended strike action planned for today (5 June) by 51 warehouse workers at a DHL Supply Chain-run site in West Thurrock, Essex to allow a “window of opportunity for positive talks”.
NFT Distribution has bought 40 Schmitz Cargobull trailers as part of an ongoing fleet replacement programme.