Private equity firm takes controlling stake in £84.6m turnover logistics firm
TPA Capital has acquired a controlling stake in Pallet-Track, an £84.6m turnover haulage network headquartered in the West Midlands.
Pallet-Track comprises almost 90 haulier members who leverage the network to provide nationwide coverage to their customers.
Established by Nigel Parkes, managing director, in 2002, the business now processes around 3.5 million pallets a year through its main central hub in Wolverhampton and its two regional hubs in Wigan and Welwyn Garden City.
Parkes said: “There are exciting times ahead. F... For the full story register now for free or login below...