Kinaxia Logistics has made its tenth acquisition with the purchase of Palletline-member AKW Group for an undisclosed sum. Announcing the deal the UK haulage and warehousing company said it is planning further acquisitions over the next 18 months. Kinaxia said the purchase of the Trafford Park-based group, which includes Global Logistics and AKW Global Warehousing, is aimed at strengthening its presence in the North West and in the Midlands through AKW’s Birmingham depot. AKW Group,which has a turnover of around […]
BC Transport owed almost £1.5m when it was placed into administration earlier this month, and unsecured creditors are unlikely to recover any money despite the subsequent sale of the business.
Kinaxia Logistics will buy its 11th haulier by the end of the year, according to director Peter Fields.
Kinaxia Logistics has made its eleventh haulier purchase, snapping up Fresh Freight Group (FFG) in Gateshead.