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IN BRIEF

18th April 1987, Page 18
18th April 1987
Page 18
Page 18, 18th April 1987 — IN BRIEF
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• Wincanton Chilled Di;tribution will be recruiting more than 100 new employees on the strength of winning another contract with fresh food supplier Mattessons Walls. The contract will be based at Milton Keynes.

• Lex Service Group is extending its vehicle sales business with the purchase, for £33.4 million, of Sears Motor Group. The acquisition adds Vauxhall, Opel, Bedford, Volkswagen, Audi and Ford franchises to its business. Sears' contract hire fleet of 3,000 cars and commercial vehicles, worth 14.3 million, will be added to the fleet of Lex Vehicle Leasing. The enlarged Lex Automotive Group will have 64 dealerships in the UK and employ 4,600 people, generating a turnover of more than 2530 million.

• Tuffnells Parcels Express, part of Transport Development Group's new sub-holding company Express Development Services (CM March 28). has launched a guaranteed 48hour delivery service covering the whole of mainland Britain. Tuffnells has 15 depots nationwide and operates a guaranteed UK next-day delivery service, a non-guaranteed

Premium Express service and a world-wide parcels express service.

• Texaco's operations in this country will not be affected by its US parent company's decision to file for protection under Chapter 11 of the US bankruptcy code. Texaco Inc and its finance subsidiaries, Texaco Capital Inc and Texaco Capital NV, have all filed for protection in order to secure the company's assets against the claims of rival oil company Pennzoil. In 1984 Texaco was found guilty of illegally acting to destroy the proposed merger of Pennzoil and Getty Oil.