News / Culina to acquire GreenWhiteStar businesses, including Stobart and Pallet Network

Fresh food and drinks logistics company Culina Group says it has “significantly strengthened” its position in the fast-moving consumer goods (FMCG) sector after reaching agreement to acquire GreenWhiteStar Acquisitions, which includes Eddie Stobart, Eddie Stobart Europe, iForce, The Pallet Network and The Logistics People.

While the terms of the agreement and the consideration involved have not been disclosed, GreenWhiteStar Acquisitions has a turnover of more than £2.2bn ($3.04bn) with a combined workforce of around 22,000 staff, approaching 185ha of warehousing with ...