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 […]
Newly created AKW Group Logistics believes its enhanced scale will allow it to hunt further up the food chain.
Manchester-based AKW Group returned to profitability in 2013, as both its transport and warehousing businesses enjoyed bumper trading.
Kinaxia Logistics has added the ninth haulier to its rapidly expanding stable, rescuing Bollington-based BC Transport from administration.