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Tarmac Derby forms holding company
Page 21
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• .A holding company has been formed within the Tarmac Derby Group as a first step towards expanding the Group's transport, warehousing, fuel oil distribution and vehicle sales interests. Called Tarmac Distributive Services Ltd., The company will control Econofreight Transport Ltd, Economac Ltd, and North Eastern Commercials Ltd. The companies have depots and warehouses in several parts of England, currently operating mainly from the Teesside area. Until a chief executive is appointed, Mr R. I. Lewis, a director of the Tarmac Derby Group and chairman of the three companies, will act in this capacity.
Mr L. S. Armitage will become a director of Tarmac Distributive Services and general manager of North Eastern Commercials. Mr G. W. Lewis, director and general manager of Econofreight Transport, will be leaving the company to enter business in his own account. Until a successor is appointed, Mr Armitage will act as general manager designate.