170 jobs secured as haulage firm saved
Scores of jobs have been saved at a Derbyshire haulage and distribution firm after it was rescued from falling into administration.
Macclesfield-based Kinaxia Logistics has bought Nelson Distribution. The deal will secure the jobs of all 170 staff employed in the business, and the service to Nelson’s customers will be uninterrupted.
The acquisition follows Nelson Distribution’s parent company KNP Logistics Group filing a notice to appoint an administrator on Friday (September 22).
Nelson Distribution, which is based in Belper, merged with Knights of Old in 2016 and generates annual turnover of £26m. KNP Logistics Group comprises Knights of Old, Nelson Distribution and Steve Porter Transport.
Kinaxia has stepped in to acquire Nelson Distribution’s 117-strong fleet, premises and customer base. All 170 Nelson Distribution staff are transferring to Kinaxia under TUPE arrangements.
Simon Hobbs, chief executive of Kinaxia, said Nelson Distribution would continue to serve its customer base as normal as part of the wider Kinaxia group.
He added: “We are pleased to have reached agreement to acquire the trading and assets of Nelson Distribution.
“It’s a good business and an excellent fit for Kinaxia. We share the same values, and Nelson Distribution is based in a good strategic location for our group.
“We are pleased to welcome the entire Nelson workforce and customer base to the Kinaxia family of businesses, and look forward to working with them and continuing to provide their customers with the great service they have been used to.”
Kinaxia employs more than 1,600 staff nationwide with a fleet of over 850 vehicles transporting goods for the retail, leisure, food and drink and manufacturing sectors.
The group also has 2.7m sq ft of warehouse facilities nationwide, offering contract packing, e-fulfilment, returns management, storage services and a distribution service.
