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 […]
As 2014 draws to a close, MT.co.uk looks back at the stories you wanted to read. There were shocks, surprises and startling revalations galore in the road transport industry, but what were the ten stories that attracted the most attention? Here’s a clue: Seafield, Stobart and shortages dominated…
Supermarket giant Tesco has appointed Andrew Woolfenden as its new UK distribution director, following the naming last week of former incumbent Alex Laffey as chief executive of Eddie Stobart.
Eddie Stobart saw turnover and earnings grow in the first six months of its financial year, but the cost of refinancing, its stock market listing and the end of an Irish retail contract resulted in a pre-tax loss.