Delamode trailers

Delamode has three acquisition targets in its sights, following its Initial Public Offering (IPO).

Chief executive Stephen Blyth has described the share sale as a “complete success”.

He told The Loadstar Friday’s IPO had provided the necessary backing to pursue its planned mergers and acquisitions strategy.

“We want to grow organically. We will need to maintain existing service levels first, but the idea is that bolt-on acquisitions will help this growth,” said Mr Blyth.

The company is already undertaking due diligence on two freight forwarding companies in ...

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