Pentalver Transport owner Genesee & Wyoming (G&W) is being acquired by Brookfield Infrastructure Partners in deal valued at $8.4bn (£6.6bn). G&W owns or leases 120 freight railroads and has approximately 8,000 employees in North America, Australia and Europe. In the UK it owns Freightliner and following a 2017 deal, Pentalver Transport. The latter was rebranded following the deal to feature the G&W logo. “This is a rare opportunity to acquire a large-scale transport infrastructure business in North America,” said Sam […]
SDC Trailers has been acquired by Chinese trailer manufacturer CIMC Vehicles for an undisclosed sum.
Tuffnells Parcels Express has been acquired by newspaper and magazine distributor Connect Group for £113.4m.
Norbert Dentressangle’s acquisitions of Christian Salvesen in 2007 and TDG in 2011 made the French group’s UK logistics operation a £1bn a year business, representing almost a third of group turnover, and silencing critics who had questioned the company’s commitment to the UK. […]