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Currie buyout team finds Euro partners

4th May 2000, Page 6
4th May 2000
Page 6
Page 6, 4th May 2000 — Currie buyout team finds Euro partners
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• by Guy Sheppard The new owners of Currie European Transport plan to expand its groupage and logistics services following a management buyout from founder Norman Currie.

Managing director David Ross teamed up with Tom Barrie, former boss of Securicor Omega International in Scotland, to become principal shareholders of the Dumfriesbased business, which has 150 trucks and 800 trailers.

Ross will oversee business development while Barrie takes over as managing director. Currie will be retained as a consultant but will concentrate on other business interests, including plastics and fuel distribution.

Ross says the company wilt develop groupage operations with new partners in Germany, Italy, Spain and Sweden. We are involved with value added

logistics-type business and are keen to develop that as well," he adds. Other development opportunities being looked at include deep sea shipping and air freight.

Ross says the plans pose no threat to the company's 400-strong workforce. The bulk of Curries fleet is based in Dumfries but it also has facilities at Purfleet, Stoke on-Trent and Prestwick Airport as well as Paris and Nijmegen.

Ross joined the company 16 years ago. He says Curhe, 57, was frustrated with problems faced by the transport industry but denies that was why he sold the business he founded more than 20 years ago. "I think he feels he does not want to be so involved on a dayto-day basis," he concludes.


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