El eben expands with Elite Transport deal By Christopher Walton
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TROUBLED container specialist Elite Transport Services has been bought by Felixstowe-based Deben Transport.
Elite Transport Services had been trading under the terms of a company voluntary arrangement (CVA), however administrator BDO told CM that the company was appointed last month after the loss of a major customer at the struggling container haulier.
Ivan Chittock, financial director at Deben, said: "This important development for Deben will place the company in a stronger position with more resources, increased depot coverage and a greater customer base."
He said the deal will give Deben a fleet of approximately 200 trucks and 300 trailers based out of 10 depots. It is understood that the deal will see all jobs at Elite Transport secured. It is not the first time Deben has made moves in the market. In May 2012, Deben took on some of the work handled by failed multi-modal operator Catalyst Road and Rail.
Elite Transport was not available for comment, but MD Gary Bethal will stay with the business as Deben's general manager of northern operations. Owner David White will now retire.