MBO team plans to double size of Halcyon Tankers within 12 months

Andrew Spence-Wolrich
 

The management team of Halcyon Tankers is planning to double the size of the firm this year after buying the company from Hargreaves Logistics. Former Hargreaves Logistics MD Andrew Spence-Wolrich has joined forces with Halcyon MD Ian Elliott and Nigel Barraclough, who was MD of Hargreaves Services between 2011 and 2015, to buy Halcyon Tankers this month. The company specialises in transporting petroleum and bulk chemicals across the UK from its base in Port Clarence, Middlesbrough. Asked what the management […]