Login Register

Dragon's purchase

By Cornish Guardian  |  Posted: December 21, 2012

Comments (0)

PALL-EX, the European palletised freight network owned by Hilary Devey of TV's Dragons' Den fame, has bought Launceston-based haulage firm Intercounty Distribution.

Commenting on the announcement, Pall-Ex's managing director Adrian Russell said: "The opportunity was presented to us after Intercounty's managing director Nick Coombes announced his retirement earlier this year. We are happy that Nick has decided to stay in his role a little longer to oversee the acquisition."

The move will see Intercounty's current workforce of 40 and their 20 trucks staying in place at the Launceston depot, supported by Pall-Ex's own corporate team.

Read more from Cornish Guardian

Do you have something to say? Leave your comment here...

max 4000 characters

YOUR COMMENTS AWAITING MODERATION

 
 

MORE NEWS HEADLINES