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 […]
GreenWhiteStar Acquisitions has reassured members of the Eddie Stobart fan club and shop that it plans a re-launch later this year.
More than 400 Argos employees are to strike next week, in protest at the proposed transfer of 96 drivers to Eddie Stobart Logistics.
Stobart Group reported an increase in turnover and profit in its transport and distribution unit in its final year as a fully-owned division of the business.