The deadline for the sale of DX Group to US equity giant HIG Capital Europe been extended to 21 November, DX announced today (6 November). News of the extension comes as DX Group announced the opening of the 14th of 15 former Tufnells’ depots – this time in Nuneaton. HIG Capital Europe’s interest in buying […]
Tech firm Blue Yonder has signed an agreement to acquire Doddle, a first and last mile e-commerce software business. Blue Yonder said that once the deal was completed, it could expand its supply chain management products and provide logistics service providers with “enhanced growth potential”. Duncan Angove, Blue Yonder chief executive, said: “Doddle has achieved […]
DX Group’s largest shareholder has slammed the proposed acquisition of John Menzies Distribution, deeming it a bad deal for shareholders, an attempt to distract from “terrible” operating results and a “face saving exercise for the DX board”.
Panattoni is set to speculatively develop the final two units at its logistics site Panattoni Park Aylesford, after agreeing pre-lets for the rest of the space.