Chilled food distributor NFT Distribution Holdings, which is part of the EV Cargo group, is looking for a buyer after reporting losses of over £30m. NFT Distribution Holdings, which employs 1,900 staff and counts Sainsbury’s as one of its major customers, was acquired from private equity firm Phoenix Equity Partners by what was then Emerge Vest in 2014 in a deal valuing the company at £60m. The move emerged just days after joint MD Mel Brockhouse resigned from the company. […]
Welch’s Transport saw profit fall in a year with an “uncomfortably high” turnover in operational staff, according to the firm’s latest annual results.
Wincanton has sold off its UK commercial vehicle repair and maintenance company, Pullman Fleet Services (PFS) to asset management firm Aurelius as it focuses on its more profitable core markets.
Clipper Logistics almost broke the £200m turnover barrier in its most recent results, covering the six months ended 31 October.