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 […]
Panther Warehousing has completed a management buyout (MBO), backed by private equity firm Lloyds Development Capital (LDC).
Norbert Dentressangle has revealed that it is one of the six operators involved in a trial of a new LPG system, dubbed EASI-LPG, which could improve vehicle mpg by as much as 15%.
The management team at Derby Express Couriers (Overnight) have completed a management buy-out (MBO). The Derby-based overnight courier company, which is part of the APC Overnight parcel delivery network, was sold by founding shareholder Nick Taylor to directors Lorraine Sharp and Susan Hill. “Susan and I are privileged to be able to lead the business to the next stage,” said Lorraine Sharp, who has worked at Derby Express for 12 years. “We take pride in offering a quality and reliable […]