9th February
Ballyvesey Holdings are pleased to announce that we have completed the purchase of the trade and assets of Bird’s Groupage Services Limited today, 9th February 2013.
The business will continue to trade from its depots in Parsonage Street, Birmingham and Dennison Industrial Estate, Ballyclare under the new trading name of Birds Transport & Logistics. All operational and accounting staff, drivers, warehouse and workshop employees will transfer to the new company which will continue to serve its loyal and extensive customer base, - business as usual.
Birds Transport & Logistics will be managed on an autonomous basis with its own management team and will operate separately from the Montgomery Transport Group.
We are also delighted to announce the appointment of Robin Davies as Managing Director of the business. Robin will be based at the Parsonage Street depot in Oldbury, Birmingham.
Please note the new mailing address for all correspondence :
Birds Transport & Logistics,
Parsonage Street,
Oldbury,
B69 4PH,
West Midlands.
Deeireland:
…just out of interest what would a company like birds cost to purchase,they’ve been around a long time.
That would depend on how much the company is worth; about £8.5million in this instance. However, a quick look at the accounts they’ve filed over the last few years and the phrase “sinking ship” springs to mind. I’m sure this would have been taken into consideration when an offer was made.
Deeireland:
…just out of interest what would a company like birds cost to purchase,they’ve been around a long time.
That would depend on how much the company is worth; about £8.5million in this instance. However, a quick look at the accounts they’ve filed over the last few years and the phrase “sinking ship” springs to mind. I’m sure this would have been taken into consideration when an offer was made.
you are quite right regarding the accounts etc, but it is easy to stem the loss, Admin Management levels can go as they have there own, sell off the birmingham yard and use the one they own etc that will cut losses.
Ballyvesey Holdings = Montgomerys transport, Montracon trailers and West Pennine trucks to name a few .
Birds will fit in nicely but don’t be surprised to see a few Montgomery trailers and trucks in “Birds” yards.
beefy4605:
Ballyvesey Holdings = Montgomerys transport, Montracon trailers and West Pennine trucks to name a few .
Birds will fit in nicely but don’t be surprised to see a few Montgomery trailers and trucks in “Birds” yards.
And don’t be surprised to see Ballyclare shutdown Monty’s has generally shut down the yards of companies that he has taken over in NI
their low rider european units used to fly past me on the 25!