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Aussie giant on UK acquisition trail

1st February 1990
Page 15
Page 15, 1st February 1990 — Aussie giant on UK acquisition trail
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Which of the following most accurately describes the problem?

• Australian transport and distribution giant Linfox is looking to buy an established UK distribution firm.

It already operates a purchase and lease-back contract for Courage Brewery, covering 600 vehicles and 800 trailers, from its base in Staines, and it is keen to expand into the UK distribution market, The 30-year-old company boasts 40% of the Australian distribution market, including contracts with Woolworths, BP, Dunlop and Castrol, and has a 3,000-strong fleet.

Linfox also plans to expand into Canada.