Driver recruitment firm Drivers Direct has undergone a management buyout (MBO) after receiving a £1.75m investment from a private equity firm. The MBO sees ownership of the Runcorn business transfer to the current management team led by new MD Daniel Jellicoe, with plans to continue its organic growth and expand to new UK locations. Formed in 2002, Drivers Direct specialises in the training and placement of drivers across all vehicle classes, including HGV, LCV and minibuses, on both a temporary […]
Despite turnover rising by almost half in 2017 Simon Gibson Transport saw its profit fall for the third consecutive year as the firm continued to invest “heavily” in its fleet.
Burnley-based EFS Global is back on the acquisition trail, snapping up freight forwarder AFI UK for an undisclosed sum. Mark Jones, EFS Global MD, said: “Our acquisition of AFI UK is another step forward in our expansion plans. “The business is a perfect fit and is a great addition to our group as we continue to focus on growing our reach and market share.” Read more EFS Global expands postcode coverage during Covid-19 pandemic EFS Global buys Caistor Distribution Palletways […]