Speedy Freight’s performance accelerated in the year that Eddie Stobart Logistics bought 50% of the express courier, new accounts show. Puro Ventures, which trades as Speedy Freight, recorded turnover growth of more than 8% to £18.3m (£2016: £16.9m) in the year to 30 November 2017. The company is structured around a regional franchisee model, with independent couriers working under the parent company’s patronage with access to its marketing and technology. It does not hold an O-licence itself, according to official […]
Eddie Stobart Logistics is in talks with an unnamed company to acquire it in a deal valued at around £50m
BCA Marketplace, which owns WeBuyAnyCar.com, paid £16m in cash for Eddie Stobart’s automotive logistics business when it purchased it earlier this year.
Eddie Stobart saw its e-commerce turnover more than double last year after it began eight new contracts off the back of its iForce acquisition.