3nker merger expected next month
20th July 1985, Page 7
20th July 1985
Page 7
Page 7, 20th July 1985
— 3nker merger expected next month
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lITED Transport Tankers ,et to buy Harsreaves nsport, the bulk haulage 1, for £3.55m. Completion he deal is expected in the t four weeks.
'he takeover will add 185 ne movers and 300 tankers JTT's fleet of 450 tractive
units. United Transport chairman Paul Rudder said the company has been seeking to acquire Hargreaves for "quite a. while".
HargreaVes, better known as Smith-and Robinson, has a large depot in Brentwood, Essex, but the depot at Stockton, Cleveland, Will give UTT a stronger presence in North-East England.
This could prove useful at a time when ICI's agricultural, petrochemicals and Mond divisions are •moving towards closer co-operation on traffic. movements.