Tuesday March 20 2018
W:43.401mm H:41.956mm
W:45.437mm H:41.956mm
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HAULAGE SWOOP BY KEY PARTNER IMMINGHAM TRANSPORT BOUGHT OUT BY TOP CUSTOMER NTEX AS SCANDINAVIAN BUSINESS MODEL IS SECURED By David Laister Business Editor dave.laister@grimsbytelegraph.co.uk Twitter: @davelaister
A LEADING independent South Bank haulage and warehousing specialist has been bought out by its biggest customer. Ntex, a freight forwarder and trailer operator with a significant share of the UK / Scandinavia market, has swooped for Immingham Transport, having enjoyed a strong partnership for the past decade. UK managing director of the Swedish-owned firm, Steve Davis, will now head up both companies, with Stewart Dalziel exiting the business after the entire share capital was bought out. “Immingham Transport has been a supplier to Ntex for 10 years, providing warehousing and distribution,” Mr Davis said. “We were the biggest customer and it was a natural progression to protect the supply business and grow it.
“We are going to run the two companies totally separately, and look to grow the warehousing and distribution side of it as Immingham Transport. “We have bought a successful business which is really important, with good management and good people, and my intention is to expand on the solid business they have going, to add more warehousing and distribution for Ntex as well as third parties, and to grow and expand the services and customer base.” Established in 2003, originally as Banana Transport, it quickly took the name of the town it operated from, and 10 years ago bought Trinity House and developed the
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A new era for Immingham Transport, with its large fleet and 60,000sq ft warehouse after being bought out by Ntex. Above left, Steve Davis.
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