acquisitions

Competitions watchdog calls for industry comment as it investigates GXO acquisition of Clipper Logistics

 
The UK’s Competition and Markets Authority (CMA) is calling for comments on GXO Logistic’s £965m acquisition of Clipper Logistics as it launches its investigation into the deal. The CMA is considering whether the acquisition will result in a sub…

Turners (Soham) swoops for MKT Logistics as expansion drive continues

 
Turners (Soham) has acquired a 100% shareholding in MKT Logistics. The deal includes all subsidiary companies – Matthew Kibble Transport, Shakespeare Transport and Fullforce Logistics. MKT Logistics runs a fleet of approximately 90 trucks and op…

Palletline board prepares to sell business, sources claim

 
The board of Palletline is preparing to sell the business and is currently working with advisors to set the terms, Motor Transport has learnt. Potential buyers could include Amazon – a major customer of Palletline, which is currently the only pa…