Stobart to buy pallet network TPN

Transport and logistics firm Eddie Stobart is to acquire the 106-member UK and Ireland pallet network TPN for up to £52.8 million. TPN operates the UK’s second largest pallet from three central hubs in Minworth, Preston and Northampton to a total of 121 depots. [+]

Stobart signs land lease deal

Stobart Group has signed a deal to lease 47 acres of land from the Ford Motor Company at Speke, Liverpool, adjacent to the car-maker's Merseyside plant and close to the logistics operators existing multimodal and warehousing site at Widnes. An option to buy the land is also included and there ... [+]

Stobart sells Carlisle airport site

Stobart Group has completed the sale of its 315,000sq ft distribution centre at Carlisle Airport to real estate fund Gramercy Europe for £16.9m, marking the successful conclusion of the first phase of development at the airport. Stobart acquired the airport in May 2009 for £9.9m in order to develop the ... [+]

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