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 Group is to begin trading fully on the London Stock Exchange on Wednesday 4 June.
Clipper Logistics has won a five-year extension to its e-fulfilment contract with Tesco and will refit its Daventry DC.
Fashion retailer ME+EM has appointed Clipper Logistics to provide a multichannel logistics service from its shared-user DC at Enfield.