Private equity company TPA Capital has taken a controlling stake in Wolverhampton-based Pallet-Track. In a statement released today (11 March), TPA Capital said it was delighted to strike the deal with the pallet network, which has 90 haulier members. Set up by MD Nigel Parkes in 2002, with commercial director Carl Jones, Pallet-Track has regional hubs in Wigan and Welwyn Garden City and claims to process around 3.5 million pallets a year. Directors Parkes and Jones held 52% and 24% […]
When MT meets up with Palletforce CEO Michael Conroy, at a central London hotel rather than the network’s hub in Burton-upon-Trent, it is ahead of the big EV Cargo announcement.
Canute Group’s former pallet network is seeking to have the business wound up next month if it refuses to settle a bill of £47,489.35.
Wolverhampton-based pallet network Pallet-Track has said its new international service in partnership with Hellmann Worldwide Logistics UK will begin operating next Monday (13 April).