Private equity firm Palatine has bought a majority stake in contract hire and rental firm NRG Fleet Services. With its headquarters in Skelmersdale, Lancashire and operating a network of 10 technical centres, NRG employs 280 staff and comprises two divisions: Riverside Truck Rental and Direct Tyre Management. Riverside is a national provider of fleet management services into the UK waste industry and Direct Tyre Management provides fleet owners with a web-based management information system. Palatine said NRG’s existing shareholders, chairman […]
SDC Trailers has been acquired by Chinese trailer manufacturer CIMC Vehicles for an undisclosed sum.
“It’s been a bit of a rollercoaster start,” James Wroath laughs, as he begins describing his first five months as chief executive of Wincanton.
2015 saw some shocks in the market; FedEx bidding for TNT Express; XPO Logistics buying Norbert Dentressangle and BCA Marketplace buying Eddie Stobart’s automotive business. But they weren’t the only acquisitions in a year packed with M&A activity. We take a look at some of the deals that changed the industry.