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TAL Logistics buys
Page 7
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Van [Hee Transport
SHEFFIELD-BASED TAL Logistics Group has bought Gateshead transport and delivery specialist Van! lee Transport.
The move is part of TAL Logistics' plan to double in size over the next couple of years through multiple acquisitions. Chairman Neil Taylor says: "Van Hee is highly regarded and has a long tradition in the North-East.
"There will be no redundancies as a result of the buyout. Our intention is to develop in the UK and internationally, which will mean new jobs and opportunities:.
TAL Logistics has expanded by more than 320% over the past two years and has an annual turnover of 8m.
Taylor adds: "We are sharply focused on continuing to drive the business rapidly forward, and to that end we are interested in discussions with businesses that have annual turnovers of between Li m and f:20m plus."
The TAL Logistics Group consists of TAL Global, TAL Galaxy, TAL Freeway, TAL Gallacher and TAL Eurospecial, each operating within its own niche.
Van Hee Transport has 12 vehicles and 25 trailers; its annual turnover is approximately Llm.