On the Motor Transport website there is a statement from the above company that they are intending to buy an unnamed competitor for £50m.
Anyone hazard a guess who the lucky people are to get all that dosh.
Waberers… They’re on a par with the dipsticks that drive for Stobart.
WS.
Fascinating!
Stobarts are buying another company but won’t say who, is that even news?
Rentadent:
Fascinating!
Stobarts are buying another company but won’t say who, is that even news?
Now Stobars shares sold at London stock market.This news will help to raise price to sharesholder.
My money’s on Maritime.
Andrejs:
Now Stobars shares sold at London stock market.This news will help to raise price to sharesholder.
Maybe but all is not rosie in the camp…
'The Stobart Group board has delayed the company’s annual general meeting which was due to take place on 28th June.
The board is facing a challenge from director Andrew Tinkler who plans to vote against the re-election of chairman Iain Ferguson at the meeting.
In a statement, the Stobart Group board said the AGM would be “at a date slightly later which will be announced in due course. The AGM documentation will be despatched as soon as the new date has been set.”
Andrejs:
Rentadent:
Fascinating!
Stobarts are buying another company but won’t say who, is that even news?Now Stobars shares sold at London stock market.This news will help to raise price to sharesholder.
But it’s still not news, even the article states that this buyout may not even happen.
ezydriver:
My money’s on Maritime.
Downtons… I think.
biggriffin:
ezydriver:
My money’s on Maritime.Downtons… I think.
I doubt it, as they’d have to give existing Downtown’s drivers a significant wage rise 
Downton s has already been sold to the same Hong Kong group that owns NFT and NR Evans.
My money is on Maritime in view of the vast no of credit checks done within the last three weeks,(106 on one system)
I would suggest John Williams will want to enjoy his millions, he is 60 in February and Tom is 30. Why would you want the hassle?
However with all the smoke and mirrors that William and Andrew have used throughout their tenure may simply mean they have borrowed some more money to buy themselves out! [emoji14]
mrginge:
Stobart want grab? - THE UK PROFESSIONAL DRIVERS FORUM (INTERACTIVE) - Trucknet UK
Is everyone trolling here or did they miss this ■■■■■■■ BLINDINGLY obvious post?
Ghiabox:
mrginge:
Stobart want grab? - THE UK PROFESSIONAL DRIVERS FORUM (INTERACTIVE) - Trucknet UKIs everyone trolling here or did they miss this [zb] BLINDINGLY obvious post?
If you’re referring to this headline from the link in that thread link…
Eddie Stobart in talks to take over 3PL for £50m
… then 3PL stands for “third party logistics”, and is not the name of the firm Stobarts are hoping to buy.
Gardner6LYT:
Downton s has already been sold to the same Hong Kong group that owns NFT and NR Evans.My money is on Maritime in view of the vast no of credit checks done within the last three weeks,(106 on Downton ,Nft,Nr Evans belong to Emerwest.But Emerwest it is not logistic company.They simply buy and may be will sell in future.Nft talk who they have simply contract with them for some 6 years.
Andrejs:
Gardner6LYT:
Downton s has already been sold to the same Hong Kong group that owns NFT and NR Evans.My money is on Maritime in view of the vast no of credit checks done within the last three weeks,(106 on Downton ,Nft,Nr Evans belong to Emerwest.But Emerwest it is not logistic company.They simply buy and may be will sell in future.Nft talk who they have simply contract with them for some 6 years.
Private Equity firm specialising in the logistics sector
They also own Palletforce…along with NFT, NR Evans, Downtons
They seem quite focused to me…as they are covering all the bases with this lot 
Maritime Distribution is 3PL and so is the box jockey club with offices and depots in Hong Kong.
Containers are 10 a penny but the contracts are worth money.
Stanley Mitchell:
Andrejs:
Gardner6LYT:
Downton s has already been sold to the same Hong Kong group that owns NFT and NR Evans.My money is on Maritime in view of the vast no of credit checks done within the last three weeks,(106 on Downton ,Nft,Nr Evans belong to Emerwest.But Emerwest it is not logistic company.They simply buy and may be will sell in future.Nft talk who they have simply contract with them for some 6 years.
When Nft gone from North food that they had one investor for some 6-8years.When they change to Emergvest that they talk to all staff who they sign just some 6 years contract again.
emergevest.comPrivate Equity firm specialising in the logistics sector
They also own Palletforce…along with NFT, NR Evans, Downtons
They seem quite focused to me…as they are covering all the bases with this lot
ezydriver:
Ghiabox:
mrginge:
Stobart want grab? - THE UK PROFESSIONAL DRIVERS FORUM (INTERACTIVE) - Trucknet UKIs everyone trolling here or did they miss this [zb] BLINDINGLY obvious post?
If you’re referring to this headline from the link in that thread link…
Eddie Stobart in talks to take over 3PL for £50m
… then 3PL stands for “third party logistics”, and is not the name of the firm Stobarts are hoping to buy.
I’ll sit back down