Biffa’s acquisition of Specialist Waste Recycling (SWRNewstar), announced today (12 March), has raised questions about the future of the firm’s national network of haulage subcontractors. SWRNewstar, which was formed in 2017 through a merger of the waste brokerage businesses Specialist Waste Recycling and New Star Environmental, has been acquired by Biffa for around £25.8m. This is the latest move in the waste management company’s aggressive acquisition strategy, which saw the firm buy seven waste companies last year following its listing […]
Genesse & Wyoming (G&W), the United States-based rail freight company, has completed its takeover of Pentalver for an undisclosed sum.
The Big Green Parcel Machine is continuing to exceed Connect Group’s expectations.
West Bromwich-based Sheldon Clayton Group has acquired the Wednesbury, West Midlands operation of Manchester warehousing and transport firm CFT Services for an undisclosed sum. The move will see all 30 staff at CFT’s Wednesbury operation move to Sheldon Clayton’s 12-acre, West Bromwich site. Sheldon Clayton group MD Stephen Pollock said the acquisition would add over £3m to the group’s turnover, which has risen from £5m four years ago to £20m now, including the CFT operation. Sheldon Clayton, which has 240,000ft² […]