Pall-Ex Group has agreed a management buyout that will see founder, owner and chairwoman Hilary Devey step away from the day-to-day running of the business. The BBC’s Dragon’s Den star has agreed to sell the group to its network membership and management. Contracts were signed on 15 October and the deal is expected to be completed by 31 October. The deal, which Pall-Ex believes is the first of its kind, will offer UK and European members what it described as […]
Pall-Ex Group said last year’s pre-tax loss was “a momentary blip” and it has achieved a turnaround in 2020 with profits of over £2m.
The future of Hellmann Worldwide Logistics rests on the success of a major refinancing deal being negotiated by its German parent company, the 3PL’s auditor KPMG has warned.
Profit at TNT UK almost quadrupled in 2012, during a year that put parent company TNT Express under pressure while the proposed takeover by parcel giant UPS was being considered.