Palletways bought member company Systematic Logistics International (SLI) for just £100,000, the firm’s administrator has revealed. The company, which had an annual turnover of approximately £10m, was sold via a pre-pack administration in November. The move saved one of the pallet network’s longest serving haulier-members and protected 64 jobs – consisting mainly of drivers and administrative staff – all of whom transferred via Tupe to new owner Palletways. In a report to creditors, administrator FRP Advisory said SLI’s problems could […]
Palletforce will begin work on a £20m “super hub” next to its existing Burton upon Trent site this year.
March 21, 2017 Carol Millett
Palletways has launched a £200,000 hub in Bristol as part of its strategy to drive growth through regional expansion.