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Allisons buy Landfreights

14th April 1967, Page 29
14th April 1967
Page 29
Page 29, 14th April 1967 — Allisons buy Landfreights
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Keywords : Business / Finance

ALLISON S Freightlines (South-Eastern) Ltd. has taken over Landfreights Ltd.— and its subsidiaries, G. H. Young and Co. (Vauxhall) Ltd., and F. Johnson (Haulage) Ltd.—for £54,050.

Landfreights Ltd. is to be immediately integrated with Allisons and will provide a collection, storage and delivery service in the South-Eastern area for the company's customers.

The two existing Landfreights directors have entered into service agreements for five years each.

Landfreights Ltd., based in London, is primarily engaged in shorthaul freight and offers special services of storage and distribution for suppliers to the retail trade. Its net profit for the year ended July 31 1966 was £6,241, and anticipated net profit for the year ended April 30 I967—"not less than 17,500".

GROOMING FOR CHAIR

THE RHA international group is grooming a senior vice-chairman to take over the chair and attend meetings to widen his experience. He is Mr. David White, of Brit-European Transport Ltd., unanimously elected at the group's annual general meeting when Mr. Jim Finnis was re-elected chairman and Mr. J. W. Ellis and Mr. C. W. Oliver were reelected vice chairmen.

Members were asked to indicate urgently the number of journeys made to or in transit through the Federal Republic of Germany in 1966, because statistics were needed for negotiations on bilateral quotas. Concern was expressed at the fact that France had not yet relaxed licensing restrictions for foreign hauliers although Britain had done so.


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