Palletline Logistics has announced its acquisition of the pallet distribution and warehousing elements of Ningbo Palletised Distribution.

This  is the ninth acquisition undertaken by Palletline Logistics, which is part of the palletised freight distribution network Palletline since it was formed in 2015 with the objective of maintaining optimum levels of service.

Under its new ownership, the business will operate as Ningbo Wrexham and Ningbo London which between them employ 120 staff and operate 70 vehicles.

Paul Elson, Managing Director, Palletline Logistics, commented:

“The acquisition will provide us with a platform for growth in London and Wales and not only ensure sustainability for the business and its employees, but also our ability to continue to provide high levels of service to Ningbo’s customers.”

Chris Stockton, Managing Director, Ningbo Palletised Distribution, said:

 “Having spent the past 25 years growing and diversifying the business, I am delighted that Palletline Logistics will be taking over the pallet distribution and warehousing parts of the Ningbo business.”