Gregory Distribution (Holdings)’s largest purchase to date, ARR Craib Transport, creates a £200m-plus turnover group, but it was the Scottish haulier’s regional focus that made the deal so attractive. Speaking to MT, John Gregory, MD of Gregory Distribution, said the purchase had been in the pipeline since ARR Craib’s chief executive Eddie Anderson appointed a representative to market the business in the fourth quarter of last year. Gregory was instantly interested. “I like its regionality, its strong presence in specialist […]
In an analysis of mergers and acquisitions in the global transport sector early this year, KPMG predicted activity would remain high in 2016 – and their forecast has proven to be spot on.
Gregory Distribution Limited snapped up the business, assets and goodwill of collapsed Oxfordshire firm Interoute Transport Services for just £75,000, according to the firm’s administrators.
The acquisition of Framptons Transport Services by Gregory Distribution (Holdings) boosted the latter’s pre-tax profit by 25% in 2015.