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Fourth acquisition for TDL
Page 12
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The purchase of ICD gives TDL a workforce of 80 and a fleet of 50 vehicles on the Isle of Van. Chris Tindall reports.
TRADE DISTRIBUTION (TDL) has bought ICD, a haulage firm with a depot in Skelmersdale, Lancs.
This is the fourth acquisition the Isle of Man logistics company has made since it was established in 2000.
ICD also has a depot on the island;it has invested £150,000 in a 300-pallet cold store that provides a consolidating service for its customers to and from the Isle of Man.
TDE managing director Steve Pickett reports that the merger of the two Isle of Man companies creates a "major workforce" of 80 staff on the island. He adds: With a local fleet of over 50 vehicles, we're all excited about the next step in TDL's development.
TIN, started out as a warehouse and distribution service provider to local drinks company Heron and Brearley; since then it has expanded to take on contracts with Manx Electricity Authority and Okell's Brewery; it also transports most of the local fish exports.
ICD managing director Pam Jones joins TDL's board as commercial director.