Meachers Global Logistics has bought the business trade of Southampton-based freight forwarder Kepair and Sea. The acquisition, which will take effect on 30 April, forms part of Meachers Global’s strategy to expand its freight forwarding capacity and bolster key markets. For the financial year-ending 31 May 2018, Meachers reported a turnover of £26.2m, with around half coming from freight forwarding activities, a spokeswoman told motortransport.co.uk. “We are delighted to be making the business trade acquisition of Kepair” said Gary Whittle, commercial […]
Cornwall-based courier Carn Logistics has taken over coverage of the BA postcode in Somerset for APC Overnight, after acquiring another APC shareholder depot.
TVS Supply Chain Solutions has acquired same day courier and technology company Rico Logistics for an undisclosed sum. TVS, which specialises in supplying spare parts to the automotive industry – including Isuzu Truck, MG Motor and Dennis Eagle – has an annual global turnover of six billion dollars and has acquired Rico Group as part of its European expansion plan. It has acquired the majority shareholding of Rico Group, whose services include a same day courier service throughout the UK […]
Heavy investment by R Swain & Sons led to a dip in profits last year, but it has stood the national distribution firm in a strong position for the future, according to its MD.