Abbey Logistics has announced the acquisition of liquid tanker specialist Welch Hire, which includes the company’s customer base and tank hire business.
The transaction extends Abbey’s network coverage with the addition of 48 bulk liquid road tankers and 13 tractor units.
The deal also gives Abbey an operating site in the South West of England and a larger customer footprint in Europe.
Steve Granite, Abbey Logistics CEO said: “This acquisition is a natural step for us as we further enhance our market-leading position in bulk liquid food and boost the support we provide to customers in the UK and Europe.
“Through strategic acquisitions like this, we are unlocking opportunities in new geographies and accelerating the growth we have seen in the business in the last two years.”