Dart Group has sold Fowler Welch to Culina Group for £98m. The sale of the Lincolnshire-based chilled and ambient food logistics company sees further consolidation in the sector. Fowler Welch, which offers supply-chain services to retailers, processors, growers and importers across the UK and Ireland, also has a 50% share in a joint venture fruit ripening and packing business, Integrated Service Solutions, located at its Teynham facility. The sale comes as Dart Group, which owns Jet2.com and Jet2 Holidays, continues […]
Hargreaves Services is confident it can rebuild turnover and profit in its logistics business after the division suffered a 47% drop in operating profit to £2.3m last year.
Wholesale drinks distributor Waverley TBS is being wound-up by its administrators after they failed to find a buyer for the business. The company, which has two large DCs at Punchbowl Park in Hemel Hempstead and Felling, near Gateshead, as well as smaller deports across the UK, was licensed to run more than 300 vehicles. These were operated via a combination of own-account and third party providers. As a consequence of the failure to find an outright buyer, 685 Waverley employees […]
GreenWhitestar Acquisitions (GWSA), the holding company for Eddie Stobart Limited (ESL), has given a positive trading update for the first half of the 2020 financial year.