The two-way battle for control of Eddie Stobart Logistics (ESL) has taken another twist after former CEO Andrew Tinkler (pictured) promised to inject a further £10m of equity into the troubled haulier if his bid is successful. The move would see Tinkler’s overall offer rise to £80m, in part to repay debts which are understood to have spiralled to an “unsustainable” £200m. In a statement, TVFB (3) Limited, a company controlled by Tinkler, also revealed it has bought a 6.5% […]
BCA Marketplace has hit the acquisition trail once more, snapping up automotive services group Paragon Automotive for £105m.
Eddie Stobart has relaunched its Training Academy and Driving School, offering would-be new HGV drivers finance to help fund their licence acquisition and a guaranteed interview with Britain’s best-known haulier.
John Hawksworth, previously with Premier Logistics, Birds Transport and AM Widdowson, has joined Eddie Stobart Logistics as general manager of its retail division.