Posted 5th Oct
Leading transport and logistics operator, Maritime Transport Ltd, (Maritime) has agreed terms to acquire Wincanton plc’s container transport business, Wincanton Container Logistics. The move follows a strategic review of Wincanton’s business and its decision to focus on its core activities.
Formed in 2008, when Wincanton acquired Hanbury Davies and CEL Group in the same year, Wincanton Container Logistics provides container transport and ancillary services to shipping lines, freight forwarders and cargo owners, which complement Maritime’s own extensive service range.
Under the deal, all employees and assets will be transferred to Maritime and Maritime will continue to work with Wincanton as a strategic partner supporting a number of Wincanton’s customers’ international supply chains. The combined business will create a road fleet of 2,000 with 3,000 employees, based throughout the UK.
'We are delighted to have agreed terms with Wincanton to acquire its container transport business, Wincanton Container Logistics. We welcome the staff and drivers and look forward to building our capability in the container transport sector and relationships with its customers,' said John Williams, Chairman, Maritime Group.