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 […]
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 […]
Owens (Road Services) said investment in its depot network and a focus on steel transportation, helped boost its turnover and profit in its most recent financial year.