Freight News, Logistics, Road

Pall-Ex sale completed

[ December 2, 2019   //   ]

Pall-Ex Group has completed the sale of its UK network to its membership and senior management team. RUN DMC Investments, a company created by Pall-Ex founder members Dave Fairbrother, Maggie Larimore and Craig Stevens funded the initial membership part of the acquisition, which makes it the first UK system to be owned by industry personnel from within the business and throughout the membership. The new owners are also discussing shareholder options with Pall-Ex’s International partners, to further grow the European arm of the business.