R Swain & Sons has continued its acquisition spree with the purchase of Express Freight Services (Birmingham) this year, newly published accounts reveal. The acquisition emerged in the directors’ review of the business in the company’s annual results, which cover the year to 31 December and also detail major change in the boardroom. Although R Swain has declined to name the acquired business, Companies House show that it became the majority shareholder in Tilbury-based Express Freight Services (Birmingham) in June […]
The Competition and Markets Authority (CMA) has given the green light to Müller UK & Ireland Group’s purchase of Dairy Crest’s dairy operation – almost a year after the plan was first revealed.
TNT said it is more certain about its future after the collapse of its multi-billion euro acquisition by UPS last week, despite analysts warning that the industry giant needs to “work out what is going on”. UPS pulled the plug on the €5.16bn (£4.31bn) deal after it became clear that the European Commission (EC) would veto the acquisition, which had been bogged down in EC red tape for the past 10 months, due to competition concerns. UPS said it was […]
The purchase of Macintyre Transport is a “significant” move that has doubled the size of Turners (Soham)’s container vehicle fleet in one fell swoop, according to its boss Paul Day.