Stobart trucks on with £12.4m Autologic deal
19th June 2012
TRANSPORT and property group Stobart is to press ahead with its acquisition of Autologic Holdings in a deal worth £12.4m.Stobart said in May it could make an offer for listed vehicle fleet distributor Autologic, which last year made profits of £2.1m on sales of £144.7m.Based in Northampton Autologic has bases in Carrington and Ellesmere Port, Cheshire, as well as operations in Europe.Stobart said it believed Autologic would benefit from the group's buying power in relation to new vehicles, maintenance, parts......for the full story register now for free or login below...
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