Gwent-based recovery firm Caldicot Group has acquired Overbrook Recovery in a move which will see the company expand its portfolio of depots to four regional centres. The deal see Caldicot Group take over Gloucestershire-based Recovery Group’s 30-strong staff and two depots, including an MOT and vehicle recovery centre in Hakwell in the Forest of Dean. The move increases the Caldicot Group’s turnover to more than £8m and its workforce to over 100 employees. The acquisition includes Recovery Group’s fleet of […]
A committed customer base and varied operations helped Kent-based R Swain & Sons grow both turnover and pre-tax profit last year.
The TNT shareholders have between Monday and 30 October to accept the proposed acquisition offer from FedEx.
The offer period for the proposed merger of UPS and TNT Express has once again been extended. Following an exemption granted by The Netherlands Authority for the Financial Markets (AFM), the period has been extended until one week after competition clearances have been obtained from regulators, the European Commission and the Chinese Ministry of Commerce. The clearances are not expected to be issued before the end of the current offer period on 9 November. The latest extension will see the […]