Matrix in £60m partnership with Bridges Fund Management

March 30, 2021 Carol Millett


 

Telematics and software provider Matrix Telematics has inked a £60m partnership deal with sustainable investments firm Bridges Fund Management. The deal sees the existing management team remain under the leadership of chief executive Mark Packman, who founded Matrix in 2001 with Wayne Shillito. The Cheshire-based business uses data captured from in-vehicle telematics devices to create detailed reports of vehicle and driver performance which enable fleet managers to identify safety risks and opportunities to reduce fuel and cut wear and tear […]




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Liverpool-based nut processor and packer Trigon Snacks has awarded a new contract for warehousing and distribution of its brands, including Planters and BigD, to Culina. Under the deal, Trigon products will be stored at Culina’s Middleton depot, near Manchester, and delivered using a shared user-model to wholesalers and retailers throughout the UK. A key issue in choosing Culina was the ability of the warehousing component of the operation to cope with seasonal peaks, said Trigon Snacks supply chain manager Kevin […]