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% […]
Pallet network Fortec, owned by French logistics giant Geodis, has undergone a change in its management structure following the departure of MD Neil Hodgson and commercial director Marcus Fischer.
TPN has launched new livery, which comes with the strapline THE Pallet Network.
Pall-Ex has confirmed C Butt will be taking on the postcode currently run by Mainland, following the latter’s merger with Knights of Old. Kettering-based Knights of Old is a member of the Palletforce network, while Northampton’s Mainland runs in the Pall-Ex network. The businesses merged last year. From the 1 June Mainland officially became part of Knights of Old, with its brand and livery now retired in favour of the blue and yellow of Knights. Cris Stephenson, deputy MD at […]