Three of Tuffnells’ former directors have returned to the company, following its management buy-out from the Connect Group in May this year. Ian Bland, Chris Tresadern and Ian Brewer all held leadership positions in Tuffnells but had left the company either prior to or during the firm’s previous ownership by Connect Group. All three have been taken on to play key roles in turning the business around. Tuffnells, which is known as ‘The Big Green Parcel Machine’ after its fleet […]
Haulage and construction firm Fox Brothers is continuing on the acquisition trail with the purchase of Lancashire operator J J O’Grady.
Norbert Dentressangle is to be acquired by US 3PL XPO Logistics for €3.24bn (£2.3bn) – in a deal that values ND at €2.17bn and incorporates €1.08bn of net debt – creating what both parties claim to be one of the top 10 logistics firms in the world.