New senior management for DSV as it readies for DB Schenker takeover
Following its clearance by competition regulators to complete its acquisition of DB Schenker, Danish freight ...
UK forwarder and e-commerce fulfilment operator Xpediator continued on its acquisition trail today with the purchase of Anglia Forwarding for up to £4.2m
An initial £1.5m will be paid, with a further £700,000 due to Anglia’s surplus working capital position. Financial analyst Cantor Fitzgerald understands Anglia has been sold with over £300,000 in cash.
A further £2m could be paid depending on performance to 2020.
Xpediator chief executive Stephen Blyth said Anglia’s air and ocean freight forwarding business lines were its chief attraction, giving ...
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