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 […]
“It’s been a bit of a rollercoaster start,” James Wroath laughs, as he begins describing his first five months as chief executive of Wincanton.
The Co-operative Food is “pleased” with the outcome of its dispute with around 700 members of staff, which was sparked by the planned transfer of 87 drivers at its Coventry depot to Eddie Stobart Logistics.