Cathay Investments has acquired Cardiff-based logistics and warehousing firm Rhys Davies and Sons for an undisclosed sum. Rhys Davies and Sons, which trades as Rhys Davies Logistics (RDL), runs a fleet of 170 vehicles, including 150 articulated trailers, and has more than 560,000 sq ft of warehouse space across nine UK sites. This latest acquisition by Cathay Investments follows that of Warehouse One Distribution last month. Announcing the deal, Ben Chaing, chief executive of Cathay, said: “We are delighted to announce our […]
MT Top 100 company RT Keedwell Group has bought RJ Jones Group in a deal that supports the firm’s existing customer base, while opening the door for new clients.
S&S Distribution, the Kent-based haulier snapped up by Palletline last year, recorded a pre-tax loss shortly after its purchase, newly published accounts show.
Hermes UK has appointed Carl Lyon as chief operating officer (COO) to support a significant increase in volumes due to both Covid-19 and the ongoing growth of online shopping.