Bibby Line Group has agreed the sale of Costcutter Supermarkets Group (CSG) to Bestway Wholesale – the UK’s largest independent wholesaler. CSG has reported a significantly improved performance over the last two years, following investment in key areas of the business. During the 12 months to 31 December 2019, CSG’s sales rose by 10% to £426m, with EBITDA increasing by more than £9m to £5.1m. The agreement completes the planned strategic realignment of Bibby Line Group’s portfolio, following the sale […]
By the time the Beast from the East had done its damage and spring was finally making itself known, official figures showed that there had been 574 insolvencies in UK logistics during the first three months of 2018.
Clipper Logistics saw “unprecedented levels of activity” in its operations in the UK and continental Europe over the Black Friday and Christmas periods.