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Cope Allman's Translloyd-Kaye plans

21st June 1968, Page 121
21st June 1968
Page 121
Page 121, 21st June 1968 — Cope Allman's Translloyd-Kaye plans
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• Cope Allman International has now finalized the reconstruction of its transport division. A new company has been formed called Translloyd (Holdings) Ltd. which has acquired all the assets of the former transport division of Lloyds Packing Warehouses (Holdings) Ltd. as well as the share capital of P. and M. Kaye Ltd.

The net tangible assets of P. and M. Kaye at August 31 1967 were approximately £120,000.

The acquisition of P. and M. Kaye has made available to Translloyd's road transport activity, which was primarily Manchesterbased, a modern warehouse and office building with substantial parking facilities near the centre of London, an additional road haulage fleet consisting of 31 vehicles and 38 trailers and experienced management.

Malvern and " Percy Kaye have been appointed managing director and executive director respectively of Translloyd.