Eddie Stobart Logistics (ESL) has warned that 2019 profits will be “significantly below the board’s expectations”. In a trading update to investors, it also confirmed news last week that it had received a takeover bid from one of its current shareholders, Dbay Advisors. Last month, ESL suspended shares on the AIM market and announced the departure of CEO Alex Laffey after it failed to publish its half-year results in time. The company said it expected revenue for the first half […]
BCA Marketplace has hit the acquisition trail once more, snapping up automotive services group Paragon Automotive for £105m.
Soft drinks manufacturer Britvic is switching its entire UK transport requirement back to Eddie Stobart, just over a year after signing up Wincanton to deliver as part of a five-year deal, MT can reveal.
Eddie Stobart Logistics has seen its group turnover surge by more than a third thanks to a shopping spree that has seen it buy iForce, half of Speedy Freight and The Pallet Network (TPN).