Bidcorp is to sell off Best Food Logistics to Tesco subsidiary Booker Group. The sale, announced today, is subject to approval from the UK Competition and Markets Authority, which is expected to take several months to come to a decision. If the sale goes ahead it will increase Booker’s footprint in the catering sector. The food wholesale operator distributes branded and private label goods to over 400,000 customers, including independent convenience stores, grocers, pubs and restaurants. Tesco revealed the deal […]
TNT Express chief executive Marie-Christine Lombard has resigned, ahead of the parcel company’s acquisition by UPS. Chief financial officer (CFO) Bernard Bot will take over her position as interim CEO at the end of September, when Lombard leaves the company to pursue another career. “It is regrettable that Marie-Christine has decided to leave TNT Express now. We thank Marie-Christine for her contributions and wish her well for the future,” said Antony Burgmans, chairman of the supervisory board at TNT Express. […]
Asda’s prospective new owners are looking to raise £1.2bn from the sale of the supermarket chain’s logistics and distribution network, according to reports.
WH Bowker has bought the warehousing and transport operations at five sites belonging to Potter Logistics for an undisclosed sum.