Challenge Group has acquired TRG Logistics for an undisclosed sum, in a move it claims has created one of the largest providers of HGV drivers and warehouse staff in the UK.
The two companies will now merge to become Challenge TRG Group. This will see current TRG CEO, Nick Gordon, and TRG MD, Steve Imber, continuing in their roles as well as becoming shareholders in the newly-formed business.
Challenge TRG Group, which will have a claimed combined turnover of £120m, will employ around 4,000 temporary workers and 150 permanent employees following completion of the deal.
It will continue to operate from two HQ sites in Wigan, Greater Manchester and Banstead, Surrey alongside its regional hub structure.
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Tom Cropper, group CEO at Challenge TRG Group (pictured left with COO Richard Cropper), said: “We’re delighted to be joining forces with Nick, Steve and their team to become a significant player in the delivery of manpower to retailers, logistics and distribution providers across the UK.
“As separate businesses we have built up an excellent reputation for supplying high-quality drivers and temporary warehouse workers, with a strong emphasis on skills and service delivery.
"We intend to grow that capability as a combined group and to continue to invest in people, as well as the bespoke TRG IT system. Our recent acquisition of Phoenix Training underpins this platform by providing an uninterrupted pipeline of staffing through training and development across all our sectors."