Logistics firm Amco Services (International) was sold in a pre-pack deal that cost its management team £143,000, according to new documents. The company called in the administrators in April after the impact of the Covid-19 pandemic disrupted a turnaround plan launched earlier in the year in response to mounting cash and creditor pressure. The deal saved around 160 jobs and the firm’s depots in Redditch, Worcester and Telford were kept in operation. In a report to creditors, administrator Grant Thornton […]
Simon Gibson Transport enjoyed what it described as an “excellent trading year” in 2015, shortly before it was sold to GCA Europe SA.
Wincanton saw revenue grow by 1.7% to £1.2bn in the year ending 31 March 2021, fuelled by strong performances in digital and e-fulfilment and new wins in the public sector.
NWF Group expects pre-tax profit for the six months ended 30 November to be greater than the same period in 2011, despite lower than expected performance in its food distribution arm. In its interim statement, the firm said its Boughey Distribution business performed “slightly behind expectations” as it did not take on as many new customers and receive as much business from existing customers as it expected, which it blamed on a “tough market environment”. NWF Fuels performed better than […]