Wincanton has told Eddie Stobart Logistics’ stakeholders to “take no immediate action” following news that ESL has agreed a conditional sale to private equity firm DBAY Advisors. Wincanton is still running the rule over a possible merger of its own with ESL and undertaking a due diligence exercise on its assets. Under the terms of the sale proposal, DBAY would acquire a 51% stake of ESL, with existing shareholders having a 49% interest. It is also proposing an injection of […]
Wincanton has extended its warehousing contract with home furnishings firm Loaf for another five years as it moves to drive growth in the home, health and beauty sectors.
More than 400 Argos employees have gone on strike over the proposed transfer of almost 100 drivers to Eddie Stobart Logistics.
Eddie Stobart national distribution centre gets go-ahead but local opposition calls for government veto
Eddie Stobart Logistics’ plans to build a £75m national distribution centre on green belt land at Appleton Thorn has won the backing of Warrington Borough Council but local councils opposed to the scheme are calling on the Secretary of State to veto the decision.