Owens Group has snapped up Greater Manchester-based BTS Haulage for an undisclosed sum. The deal effective from Tuesday 17 July, will see BTS Haulage continue to operate as a standalone brand within the Llanelli-headquartered Owens Group. In a statement Owens said the purchase of the Carrington-located haulier would complement the company’s strategic objective to increase its presence and activities in its key geographical markets. BTS Haulage was set up in 1957 by Neil Gilson and Neil’s son, Crispin joined the […]
Vehicle transporter Autologic’s shares have today been delisted from the Alternative Investment Market following its takeover by Stobart Group. Stobart Group made its formal £12.4m offer for Autologic in June, having been in talks since May. The ability of Autologic to use Stobart Rail infrastructure to reduce the level of empty running endemic to the car transporter sector, as well as the benefits of access to Stobart’s storage sites, were both cited as reasons why the deal made sense. Stobart […]
A focus on growth, rather than reducing cross-company costs, will be Abbey Logistics’ priority after its acquisition of Armet Logistics.
MT Top 100 company RT Keedwell Group has bought RJ Jones Group in a deal that supports the firm’s existing customer base, while opening the door for new clients.