AT THE HEART OF THE ROAD TRANSPORT INDUSTRY.

Call our Sales Team on 0208 912 2120

Malcolm Group says jobs are safe after acquisition

6th May 1999, Page 10
6th May 1999
Page 10
Page 10, 6th May 1999 — Malcolm Group says jobs are safe after acquisition
Close
Noticed an error?
If you've noticed an error in this article please click here to report it so we can fix it.

Which of the following most accurately describes the problem?

• The 50 employees of Blackburn-based Wilfred Holden have been assured that their jobs are safe following the company's £1.25m acquisition by Scottish haulier Malcolm Group.

The purchase of Holden, which runs a fleet of 35 vehicles and 50 trailers, was announced as Malcolm announced a 20% increase in annual profits to L8.1m on a turnover which rose 15% to .£58m.

The Linwood-based group, which is Scotland's largest landfill operator, also provides warehousing, long-haul transport and construction services. The acquisition boosts Malcolm's workforce to more than 1,000 and its fleet to 285 vehicles and 850 trailers.

Malcolm already has depots in Preston and Merseyside; managing director Andrew Malcolm says the move will give the group a toe-hold in continental running.

"Our plans are to expand the business, not contract it, and Holden staff will benefit from being part of a larger group," he says. According to Malcolm, the group, which is part of Grampian Holdings, plans further acquisitions.

Tags

People: Andrew Malcolm

comments powered by Disqus