On the wires: SF Holding – M&A fillip already gone (as Kuehne and TFI smile)
SF Holding momentarily loses out, but revenge is a dish best served cold.
With the small, under the radar sale of its container haulage and vehicle repairs businesses, LSE-listed Wincanton (£360m market cap) recently reduced its business lines to contract logistics (CL) focused on only four (operating) verticals.
In doing so, it has inadvertently contributed to spotlighting a new subset of listed transport and logistics corporates, aka pure-play CL operators (PPCLOs) – and yep, if no one else is claiming it, we’re coining that one at Premium.
It was pretty clear to most freight industry ...