The new owner of Clugston Distribution Services is linked to Malta-based HLD Group which bought AM Widdowson and Sons in 2015 and Crewe-based Davis Haulage in 2016. Clugston Distribution Services (CDS) was sold to holding company AJWG last week, following the collapse of parent company Clugston Group. AJWG managing director Demis Armen Ohandjanian is also chief executive of HLD Group. AM Widdowson, which was bought by HLD Group in June 2015 and renamed Loglecdissol, was put into administration just one […]
Regulatory approval for the multi-billion euro UPS and TNT Express merger is dependent on whether the new company would be challenged enough by its competitors, the European Commission has said. If the deal is approved, the number of major parcel delivery companies in Europe will be reduced from four to three, which the regulator is concerned will reduce the amount of competitive service customers will have access to. Joaquín Almunia, vice president of the European Commission, responsible for competition policy, […]
Northern Ireland logistics firm Derry Refrigerated Transport has acquired Brennan Refrigerated Transport in Waterford, Ireland.
DX Group’s multi-million pound takeover of Legal Post (Scotland) and First Post appears to be back on track, after the UK competition authority lifted an enforcement order pausing the deal.