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ArticleCulina Group launches Stobart Multimodal to tackle supply chain disruption
Culina Group has established a new division, Stobart Multimodal, which it said would address the pressure being exerted on its customers’ supply chains and limit disruption.Stobart Multimodal will provide a range of integrated services, including ambient and temperature-controlled logistics; rail and road transport to continental port of exit; export customs ...
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ArticleCulina, WS Group and AW Jenkinson order 2,500 Scania trucks
A group of UK-based hauliers has agreed a bulk order with Scania UK for 2,500 trucks, which will be delivered over the next 12 months.The order will be split across the Consortium Purchasing group, which includes Culina Group, WS Group, AW Jenkinson Group and its subsidiaries.The deal includes 2,250 internal ...
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ArticleWhy Stobart is the perfect fit for Culina, explains CEO van Mourik
Culina Group announced its takeover of GreenWhiteStar Acquisitions (GWSA) on 1 July 2021, a deal that brought Eddie Stobart, Eddie Stobart Europe, iForce, The Pallet Network and The Logistics People into the Culina Group fold. GWSA’s 20% holding in courier Speedy Freight was sold to a management buyout as part ...
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ArticleCulina Group buys GreenWhiteStar Acquistions to create £2.2bn logistics business
Culina Group has announced an agreement to take over GreenWhiteStar Acquisitions as of today (1 July 2021).The terms of the agreement, including consideration, have not been disclosed.GreenWhiteStar Acquisitions comprises of Eddie Stobart, Eddie Stobart Europe, iForce, The Pallet Network, and The Logistics People.With an overall turnover of more than £2.2bn, ...
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ArticleCulina Group buys Fowler Welch for £98m
Dart Group has sold Fowler Welch to Culina Group for £98m.The sale of the Lincolnshire-based chilled and ambient food logistics company sees further consolidation in the sector.Fowler Welch, which offers supply-chain services to retailers, processors, growers and importers across the UK and Ireland, also has a 50% share in a ...
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ArticleCulina buys International Road Ferry to expand European network
Culina has bought unaccompanied transport specialist International Road Ferry (IRF) for an undisclosed sum.IRF has offices in Felixstowe, Thetford, Rotterdam and Grubbenvorst near Venlo in the Netherlands.It has more than 25 years of experience in unaccompanied transport of both full and part loads between the UK, Germany, Switzerland and the ...
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ArticleCulina subsidiary Eventor acquires events specialist Stardes
Culina subsidiary Eventor has acquired events logistics haulier Stardes for an undisclosed sum as part of major plans to further expand in the events transport sector.Eventor, formerly known as Stobart Special operations, provides support services to the motorsport, events and nuclear industries.In an announcement revealing the deal this week, Eventor ...
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ArticleFowler Welch profits from Culina buyout despite "challenging market conditions"
Fowler Welch reported a £4.6m pre-tax profit last year as operational efficiencies increased due to it becoming an established part of the larger Culina group, it said.Turnover at the chilled storage and distribution company, for the year ending 31 December 2021 was £163.1m.In a statement signed off by the board, ...
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ArticleCulina firm iForce goes net zero
Culina Group company iForce has been certified as a carbon neutral organisation following a “forensic breakdown” of its operations.The parcel firm said it now sources all its power from sustainable supplies and all of its byproducts are recycled or composted.Charge points have been installed at all of its sites, which ...
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ArticleEddie Stobart holding company cut losses to £15m and debts to £144m ahead of sale to Culina Group
Eddie Stobart’s holding company GreenWhiteStar Acquisitions (GWSA), which was sold to Culina Group last week, made a £15m loss last year and had net debts of £144.5m.In its recently published financial results, for the year to 30 November 2020, the company revealed that it had gone some way to cutting ...