Embattled DX Group’s turnaround plans have been backed by investors, who have approved the issuing of new shares amounting to £4.76m of fundraising for the firm. The fundraising, which remains subject to shareholder approval, would fund the transformation and growth plans from the group’s new leadership team. DX said that if approved, it will put the money into growth initiatives including an expansion of its sales capabilities, building more depots and boosting its IT network. In a trading statement today […]
Arrow XL has announced two senior appointments as part of its strategic growth plans.
The CEO and financial director of DX Group have stepped down with immediate effect after what the business described as an “exceptionally difficult year”.
DX, which listed on AIM in February, has said that the focus for the next three years will be the turnaround of the former Nightfreight business, which is now called DX Freight.