Business, Freight News, Logistics, Road

Swain buys in bulk

[ March 3, 2020   //   Chris ]

Rochester-based distribution business Swain Group has acquired European bulk haulier Eurobulk, including the company’s assets, vehicles and business. Eurobulk will continue to be run as a separate company, managed by its existing directors, while Swain will provide capital to finance the company’s growth.

Swain Group managing director Matthew Deer, said: “Eurobulk represents a new venture for Swain as we expand into the agricultural and industrial bulk materials sector. The opportunity to acquire such a well-managed, efficient company is a rare occurrence, so we are delighted to be bringing them on board. The Eurobulk operation will now complement our existing bulk operations, further strengthening our position in the UK and Europe.”

Tags: Swain; Eurobulk