Maritime purchases more container business
The UK-based transport and logistics operator Maritime Transport (Maritime) will take over Wincanton’s container transport business, Wincanton Container Logistics, by an investment of approximately GBP 1.5 million.
The move follows a strategic review of Wincanton’s business and its decision to focus on its core activities. Net liabilities of approximately GBP 1 million, primarily in respect of leased fleet, will transfer to the buyer.
Formed in 2008, when Wincanton acquired Hanbury Davies and CEL Group in the same year, Wincanton Container Logistics provides container transport and ancillary services to shipping lines, freight forwarders and cargo owners, which complement Maritime’s own service range.
Under the deal, all employees and assets will be transferred to Maritime. The combined business will create a road fleet of 2,000 with 3,000 employees, based throughout the UK. (sh)