Advanced Supply Chain saw revenue soar by over two thirds in year it was sold to Reconomy
Advanced Supply Chain Group (ASCG) hoisted revenue by over two thirds and pre-tax profit by 14% in the year of its sale to Reconomy Group, according to its latest financial results. The company, which specialises in retail logistics, was acquired in September 2021 by waste management company Reconomy Group for an undisclosed sum. ASCG, which employs around 1,300 staff, has continued to operate under its own brand since acquisition.
In its latest results for the 13 months to 31 December [...]