Gist "no comment" they are up for sale

logisticsmanager.com/2016/01 … le-report/

Whos got the cash to buy it?

won a few Quit in Lotto.
Wot do they cost?

£2 a ticket. Hth.

They sign 12 years contract with M@S.So increace company price and now can sale.But i don t think who will be some changes for drivers.To many companies change owneres time from time.

Andrejs:
They sign 12 years contract with M@S.So increace company price and now can sale.But i don t think who will be some changes for drivers.To many companies change owneres time from time.

Thank you please.

Immigrant:
won a few Quit in Lotto.
Wot do they cost?

Did you win enough to buy a ticket home?

Thank you please.

the nodding donkey:

Andrejs:
They sign 12 years contract with M@S.So increace company price and now can sale.But i don t think who will be some changes for drivers.To many companies change owneres time from time.

Thank you please.

Thank you please sir. :laughing:
I notice Immigrant has logged in under another name. Andrejs is his sober one.

Split personalities get you nowhere.

I tell myself this all the time.

eagerbeaver:
Split personalities get you nowhere.

I tell myself this all the time.

It’s a pity both of them are clowns. :laughing:

Not bad for you Albion.

How come you are on here this morning? Ken Block cancel his lessons from you again?

What’s your flight number?

Don’t see them much these days as on different work , but years ago some of there kit looked dog rough , looked like they didn’t have a penny to rub together ,that said the drivers I spoke to said they were on a good screw .
Took over a fair bit of our work when esl dumped most of the chilled work ( esl said you could not make money out of it ) , made me wonder , told one of esl chilled bosses went to work for them ,never confirmed though.

the nodding donkey:

Immigrant:
won a few Quit in Lotto.
Wot do they cost?

Did you win enough to buy a ticket home?

Thank you please.

£2.60

Wardaddy:

the nodding donkey:

Andrejs:
They sign 12 years contract with M@S.So increace company price and now can sale.But i don t think who will be some changes for drivers.To many companies change owneres time from time.

Thank you please.

Thank you please sir. :laughing:
I notice Immigrant has logged in under another name. Andrejs is his sober one.

Thanx for letting me know :grimacing:

CEVA…

Germany’s Linde is launching the sale of its temperature-controlled logistics unit Gist in a deal potentially worth more than $875 million, as it streamlines its operations to focus on its core industrial gases operations, two people familiar with the matter said.

Linde has mandated Morgan Stanley to find a buyer for the unit with 570 million euros ($618 million) in 2014 sales and is planning to send out first information packages to prospective bidders by the end of the month, they said.

Linde and Morgan Stanley declined to comment.

Linde had earmarked Gist for sale in March last year, when Chief Executive Wolfgang Buechele had said that the unit, which delivers cooled food and beverages mainly in the United Kingdom, was no longer considered “core business”.

The company is expected to shop Gist to logistics players such as Deutsche Post, UPS, Kuehne+Nagel, Logwin, Imperial as well as private equity groups.

One of the sources said that Linde is hoping to reap a price above 600 million British pounds ($875 million).

The logistics sector has been very active in the last year. FedEx’s purchase of Dutch package delivery firm TNT Express for 4.4 billion euros grabbed headlines in April.

Separately, XPO Logistics announced it will acquire France’s Norbert Dentressangle, French rail company SNCF’s subsidiary Geodis acquired Ozburn-Hessey Logistics and Denmark’s DSV Group agreed to acquire UTi Worldwide.

Tentative bids for Gist, whose key customers include British retailer Marks and Spencer, are due in the first quarter, the sources said.

Looking for 600 million pound. DHL and XPO both have large contracts with M&S so it would be a good fit cost saving wise. Kuehne+Nagel is a good shout. If i was putting money on it, id go with XPO.

albion1971:

eagerbeaver:
Split personalities get you nowhere.

I tell myself this all the time.

It’s a pity both of them are clowns. :laughing:

Did Coco eat Swan and hang around shopping precincts, smoking “duty free” :wink: cigarettes?