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 has hailed its partnership with online retailer Tile Mountain as a great success having seen the account grow year-on-year since it first took on distribution in 2013.
The management team of Halcyon Tankers is planning to double the size of the firm this year after buying the company from Hargreaves Logistics.
Pall-Ex is to extend its Iberian network’s coverage to include the Canary Islands. Pall-Ex Iberia, which is celebrating its first anniversary, operates across Spain, Portugal and the Balearic Islands from a hub in Madrid. It has 33 haulier members and in its first year handled over 100,000 pallets. Enric Estruch, MD of Pall-Ex Iberia, says: “We are now in a position to start operating in the Canary Islands, which opens up a host of further possibilities for us.” Last month […]