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 […]
Owens Group is looking to buy a facility in Wrexham after its last financial year saw profit more than double.
Owens (Road Services) saw pre-tax profit rise 14% last year as it invested heavily in its fleet and focused on maintaining a competitive edge.
The European Commission (EC) believes “substantial remedies are needed” before the proposed takeover of TNT Express by UPS can be cleared. In a merger review speech made on Friday (2 November), Joaquín Almunia, EC vice-president responsible for competition, said that “serious competition concerns would arise” if it went ahead without revisions. Last month the EC revealed that approval would only come if the resulting company would be challenged enough by other parcel firms. TNT Express and UPS have since received […]