Simarco buys two more forwarders

Simarco International has bought out fellow UK forwarders Formula Goss International (FGI) and Sutch and Searle. FGI operates air, sea and road routes - including daily services to Italy and Gibraltar – from its offices in Bedford while Heathrow-based Sutch and Searle specialises in air freight. Simarco founder and managing director, Simon Reed, commented that his company would be able to offer complete logistics support: "We will bring in goods by sea or air, have them ... [+]

New people mean new business, says Simarco

Freight and logistics operator Simarco says that it has has increased its staff numbers by almost one-fifth in the space of a year. The Essex-headquartered company described it a key factor in generating extra business during the same period. In March, Simarco revealed that turnover had climbed more than 10% a ... [+]

Simarco extends coverage with Midlands buy

Essex-headquartered freight company Simarco is to buy the Staffordshire-based forwarder IFB, for an undisclosed sum as part of its expansion programme. Simarco founder and Managing Director, Simon Reed, said the acquisition would help improve UK coverage: “Whereas we have a greater presence across the south of England, IFB is stronger in ... [+]

Export recovery boosts Simarco

Essex-based freight form Simarco says that a recovery in UK exports has helped it to record sales figures during the last financial year. Turnover rose by just over 10% to £26.5 million. Managing director, Simon Reed, said that much of additional business had been generated in the last six months ... [+]

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