UK 3PL and e-commerce logistics specialist Xpediator has completed its latest acquisition, the takeover of groupage road transport and freight forwarder Nidd Transport for £4.6m ($6m).
Yorkshire-headquartered Nidd posted revenues of £11m last year with a net profit of £400,000.
It employs 65 staff and owns 45 vehicles which, along with subcontracted haulage, operate daily groupage services to Germany, France, Spain and Portugal, while its HQ and a warehouse are valued at …
The post Xpediator expands European logistics footprint with takeover of Nidd Transport appeared first on The Loadstar.
Source: The Loadstar