SWEDISH-headquartered logistics specialist Greencarrier has established a permanent presence in the UK with the acquisition of UK haulage company PTS UK Ltd, a corporate partner of five years.
PTS UK Ltd will be renamed Greencarrier PTS when the acquisition is completed at end of May following the signing of an agreement on April 12. The firm and its management team will remain headquartered in Ipswich near Felixstowe.
PTS managing director Robert Gaunt said in a company statement: "Greencarrier will provide us with access to greater management resources and expertise, and of course to a much bigger market, notably in the Nordic countries and the Baltic states. The UK, with its population of over 60 million, has a substantial trade with these countries and we expect our share of it to grow rapidly over the next few years."
PTS is a major acquisition as it is increasing the Greencarrier workforce by almost 14 per cent, said CEO of Greencarrier International Peter Nevhagen.
"Greencarrier already has 300 employees working in 26 offices in nine countries and now we are adding another two offices in the UK, in Ipswich and Immingham, where PTS has about 40 employees in total."
PTS operates a fleet of 17 goods vehicles ranging in size from 3.5 tonnes up to 44 tonne tractor units and also has more than 100 trailers including curtain-siders and skeletal trailers for container transport. It serves regular departures for groupage, part and full loads ensure rapid door to door transit for Sweden, Denmark, Norway and Finland.
(Source:http://www.schednet.com)