Eddie Stobart Logistics is in talks with an unnamed company to acquire it in a deal valued at around £50m In a statement to the London Stock Exchange today (7 June), Eddie Stobart said: “The company announces that it is in discussions regarding the potential acquisition of a logistics service provider whose operations are complementary to the Eddie Stobart group’s existing offering. “It is expected that the total consideration would be in the region of £50m, funded by a mix […]
Culina-owned contract packing services provider IPS has established a joint venture with Eddie Stobart Logistics to run a dedicated packing facility at Stobart’s Bardon, Leicestershire site, where it stores and distributes products for Nestlé.
Eddie Stobart Logistics has purchased The Pallet Network (TPN) for £52.8m.
The Co-operative Food Group has once again reassured its HGV drivers that there are no plans to outsource the remainder of its operation, after the planned transfer of staff in the West Midlands to Eddie Stobart is complete.