The founder of Leeds-based Clipper Logistics is reported to be lining up a £300m takeover bid to take the company private. Executive chairman Steve Parkin, who founded the company in 1992 and owns nearly a third of its shares, is understood to be preparing a bid with Florida-based Sun Capital Partners. He now has until 18 December to announce a firm intention to make an offer for the retail logistics company or withdraw. Clipper Logistics’ non-executive directors are now forming […]
Clipper Logistics’ latest annual pre-tax profits took a hit after it agreed – following lengthy debates with its auditors – that a series of contracts signed at the end of the financial year should be included in the following year’s accounts.
Clipper Logistics has secured two contracts: one with luggage brand Antler and another with camping-equipment retailer Go Outdoors.
Clipper Logistics is to replace DHL Supply Chain as Arcadia’s store delivery partner.