An investor sizing up Eddie Stobart Logistics (ESL) for a potential purchase opportunity has been granted another extension to the deadline to make an offer. Private equity investor DBAY Advisors, ESL’s fourth largest shareholder, now has until 8 November to announce either a firm intention to make an offer for the company or to walk away. The board of ESL said discussions with DBAY remain ongoing and to allow further time for talks it had requested that the panel on […]
Eddie Stobart labels Aggregate Industries’ decision to chop it as regrettable; as independents come to the fore
Eddie Stobart Logistics (ESL) has labelled the premature end of its Concrete Products Division contract with Aggregate Industries (AI) as “regrettable” in a letter to affected staff.
Eddie Stobart Logistics and The University of Bolton have launched a three-year degree course in Logistics & Supply Chain Management.
2015 saw some shocks in the market; FedEx bidding for TNT Express; XPO Logistics buying Norbert Dentressangle and BCA Marketplace buying Eddie Stobart’s automotive business. But they weren’t the only acquisitions in a year packed with M&A activity. We take a look at some of the deals that changed the industry.