Commercial vehicle rental and fleet management company Herd Group has become employee-owned after transferring into an Employee Ownership Trust (EOT). The Surrey-headquartered group, which provides and manages commercial vehicles within the rental and fleet management channels, said it has seen “significant year-on-year growth” since being founded in 2014 and now employs a 30-strong team operating […]
DX Group said it had agreed to a £315m cash takeover offer from a subsidiary of equity giant HIG Capital. The deal means DX shareholders will be entitled to 48.5p per share, consisting of 47.5p in cash and a final dividend of 1p for the year ending 1 July 2023. The acquisition by Transit Bidco […]
Fagan & Whalley has acquired Welsh logistics business Alan R Jones & Sons, in a move the Lancashire firm described as a “valuable opportunity” for its expansion plans.
Xpediator’s mamagement looks set to accept an acquisition bid from a consortium led by the company’s founder Stephen Blyth, who resigned from Xpediator earlier this year. In a statement released today, the company said that it was “minded” to recommend the bid – for an undisclosed sum – to its shareholders. The consortium led by […]