Aspray Group has been acquired by Bushell Investment Group for an undisclosed sum. The company, which owns BIG Property Finance a short term loans specialist, said the buyout came after months of discussions between the two parties. Aspray Group, which is made up of three divisions: Aspray24 (registered as Aspray Transport at Companies House), Aspray Logistics and Aspray International, was previously owned by holding company Nationworld. Lee Bushell, CEO of Bushell Investment Group, which is based in Birmingham, said: “The […]
Aspray Transport secures lifeline and looks to the future as company voluntary arrangement is approved
Creditors of Aspray Transport have voted in favour of a company voluntary arrangement (CVA).
Express delivery firm Aspray Transport will shortly begin constructing a new 10,000 pallet high-bay storage facility at its Willenhall, West Midlands hub. Construction of the 17m high facility, which will also include an area for block stacking, will begin in October. The firm, which recently bought over five acres of additional land around the site, is also putting an extra 40 parking spaces in place for trailers. Both developments should be operational in June next year. Aspray’s investment in hub […]
Aspray Transport is awaiting the completion of its 18-acre expanded Willenhall, West Midlands hub, which is due to be unveiled next month.