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 […]
Andrew Tinkler has stepped down as CEO of Stobart Group, the business he has headed since it listed on the stock market in 2007.
Eddie Stobart Logistics (ESL) has warned that 2019 profits will be “significantly below the board’s expectations”.
Drivers have launched a campaign for trade union recognition at Eddie Stobart’s Carlisle, Lillyhall and Penrith depots in Cumbria.