Welsh quarrying and haulage group GD Harries (GDH) is to be sold to construction materials company SigmaRoc. GDH is one the largest independent suppliers of aggregates in Wales, operating out of four depots with an O-licence authorising a total of 75 HGVs and 25 trailers. SigmaRoc said it had acquired a 40% equity interest in GDH and intends to acquire the remaining 60% by mid-2020. Ian Harries, GDH chairman, said the investment would allow GDH to grow and create job […]
UPS and TNT Express do not now expect their multi-billion euro merger, announced in March, to be completed until early 2013. The operators had originally hoped to seal a deal in the first half of the year, but involvement from the European Commission as regulator scuppered this timetable. Last month the European Commission temporarily suspended the takeover to allow regulators more time to gather information, a process that is ongoing. Despite this UPS and TNT had still expected to complete […]
Pollock (Scotrans) saw turnover climb in its first financial results since its acquisition of fellow Palletways member Gilbraith (TS) last February.
Connect Group has completed its takeover of Tuffnells Parcels Express, with the deal first revealed last month.