Creditors of Aspray Transport have voted in favour of a company voluntary arrangement (CVA). The full details of the CVA have not been released, but Aspray owner Bushell Investment Group said 99% of the company’s trade suppliers had supported it, representing a clear “reflection of their support of the proposed turnaround strategy”. It added that the CVA would be completed in six months or less and “trade suppliers will be paid in full on their normal trade terms”. Following the […]
Express carrier Aspray24 is celebrating its 30th anniversary in 2013 and has marked the occasion with the opening of its new £6m state of the art warehouse on a six-acre plot next to its existing 12-acre site in Noose Lane, Willenhall. According to MD Stuart Laight, the acquisition of the site next door has delivered a number of great benefits for the fast-growing business.
Palletline has revealed one of its founder members has gone to the courts to secure a company voluntary arrangement (CVA). Palletline Logistics (Midlands) is run by MD Bob Russett, one of the four founders of the original pallet network, Palletline Plc, which celebrates its 20th anniversary this year. Russett stepped down as chairman at Palletline Plc in 2005 to concentrate on his other interests. In a statement issued today, Palletline confirmed its member company had gone to the courts to […]
Elite Transport Services has filed a proposal for a company voluntary arrangement (CVA) with Manchester County Court, ahead of a creditors meeting on Friday (8 February).