Eddie Stobart Logistics (ESL) has received a “highly preliminary expression of interest” from former boss Andrew Tinkler who ran the company for a decade until 2014. The move comes only days after ESL revealed it had received a separate takeover bid from one of its current shareholders, Dbay Advisors. Dbay bought 51% of the ESL business from Tinkler five years ago. It is understood Tinkler is interested in participating in a refinancing of ESL which could involve a takeover bid. […]
“It’s been a bit of a rollercoaster start,” James Wroath laughs, as he begins describing his first five months as chief executive of Wincanton.
The holding company for Eddie Stobart said revenues had increased by 2% for the year ending 30 November 2020, to £874.3m.
Think Logistics will be hosting a stand at this year’s Multimodal event, to garner support from previously untapped areas of the logistics sector attending the three-day event.