Eddie Stobart Group
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Eddie Stobart Group
Eddie Stobart Group is a British multimodal logistics company, with interests in road haulage, rail freight, deep sea and inland waterway transport systems and deep sea port, inland port and rail connected storage facilities, along with transport, handling and warehousing facilities in the United Kingdom, Ireland and Belgium. The company has its operational head office in Warrington, Cheshire. Started by Eddie Stobart in the end of the 1940s as an agricultural business in Cumbria, the company has diversified into rail and other logistics activities. Since 2014 it has been either wholly owned or partly owned by an investment entity known as Eddie Stobart Logistics: that entity changed its name to Logistics Development Group in February 2021. On 1 July 2021, Culina Group purchased 100% of the share capital of GreenWhiteStar Acquisitions Limited (the holding company of the Eddie Stobart Group) for an undisclosed amount from DBAY Advisors (51%) and the Logistics Development Group ( ...
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Private Limited Company
A private limited company is any type of business entity in "private" ownership used in many jurisdictions, in contrast to a publicly listed company, with some differences from country to country. Examples include the '' LLC'' in the United States, ''private company limited by shares'' in the United Kingdom, '' GmbH'' in Germany and Austria, ''société à responsabilité limitée'' in France, and ''sociedad de responsabilidad limitada'' in the Spanish-speaking world. The benefit of having a private limited company is that there is limited liability. However, shares can only be sold to shareholders in the business, which means that it can be difficult to liquidate such a company. Abbreviations Albania In Albania a limited liability company ( sq, Shoqëri me përgjegjësi të kufizuar Sh.p.k) is a commercial company founded by persons of physical or judicial status, who are not liable for the company and personally bear losses only up to the outstanding contribution agreeme ...
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Edward Stobart
Edward Stobart (21 November 1954 – 31 March 2011) was a British haulage company owner who first became involved with his father's company aged 15 in 1969, and subsequently expanded it into one of the UK's most well known multimodal logistics companies, Stobart Group. Edward died on 31 March 2011 in a Coventry hospital of what was termed 'heart problems'. ''The Stobart group'' In 1960, Stobart's father "Steady" Eddie Stobart founded the haulage business that became ''Eddie Stobart Ltd'', then the Stobart Group. Stobart's father controlled the organisation fully until 1973, when, at the age of 19, Stobart took the place of CEO, while Rodney Baker-Bates was made COO. In 1976, Stobart's father retired and Stobart took the place of chairman, while Baker-Bates was made CEO and Andrew Tinkler was made COO. The company was distinguished by uniforms and clean trucks. By 1985 Stobart owned 26 vehicles but he would still personally wash the trucks. In 1987, Baker-Bates resigned a ...
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Livingston, Scotland
Livingston ( sco, Leivinstoun, gd, Baile Dhunlèibhe) is the largest town in West Lothian, Scotland. Designated in 1962, it is the fourth post-war new town to be built in Scotland. Taking its name from a village of the same name incorporated into the new town, it was originally developed in the then-counties of Midlothian and West Lothian along the banks of the River Almond. It is situated approximately fifteen miles (25 km) west of Edinburgh and thirty miles (50 km) east of Glasgow, and is close to the towns of Broxburn to the north-east and Bathgate to the north-west. The town was built around a collection of small villages, Livingston Village, Bellsquarry, and Livingston Station (now part of Deans). The town has a number of residential areas. These include Craigshill, Howden, Ladywell, Knightsridge, Deans, Dedridge, Murieston, Almondvale, Eliburn, Kirkton, and Adambrae. There are several large industrial estates in Livingston, including Houston industrial e ...
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TDG Limited
TDG Limited was a goods transportation, distribution, warehousing and supply chain management company based in England with offices also in Ireland, Belgium, the Netherlands, Spain, Hungary and Germany. History The company was formed in 1922 as ''The General Lighterage Co Ltd''. It was first listed on the London Stock Exchange in 1950, and changed its name to ''Transport Development Group'' in 1957. It started to expand into Europe in 1963, and acquired ''Van Straaten'' in the Netherlands in August 1999. The name changed to ''TDG plc'' in 2000. The company acquired ''IWT Holdings'', an Irish logistics business, in August 2001, ''Mond & Cie'', a Belgian logistics business, in March 2006 and ''Doman S.A.'', a Spanish logistics business, in February 2007. In July 2008, TDG was taken private by the Laxey Investment Trust (later renamed Douglas Bay Capital) through Laxey Logistics and was subsequently removed from London Stock Exchange. On 26 November 2010, Norbert Dentressangle re ...
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Dublin
Dublin (; , or ) is the capital and largest city of Republic of Ireland, Ireland. On a bay at the mouth of the River Liffey, it is in the Provinces of Ireland, province of Leinster, bordered on the south by the Dublin Mountains, a part of the Wicklow Mountains range. At the 2016 census of Ireland, 2016 census it had a population of 1,173,179, while the preliminary results of the 2022 census of Ireland, 2022 census recorded that County Dublin as a whole had a population of 1,450,701, and that the population of the Greater Dublin Area was over 2 million, or roughly 40% of the Republic of Ireland's total population. A settlement was established in the area by the Gaels during or before the 7th century, followed by the Vikings. As the Kings of Dublin, Kingdom of Dublin grew, it became Ireland's principal settlement by the 12th century Anglo-Norman invasion of Ireland. The city expanded rapidly from the 17th century and was briefly the second largest in the British Empire and sixt ...
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James Irlam & Sons Ltd
James Irlam & Sons Ltd (later trading as James Irlam Logistics) was a British road haulage company founded in the 1940s by James Irlam. It was owned and run by the Irlam family until its acquisition by rival logistics firm the Stobart Group in April 2008 for £59.9 million. History The beginning James Irlam & Sons Ltd was founded by James Irlam in the 1940s in Manchester. Following the development of Manchester Airport, the business relocated to Chelford, Cheshire. The business transported milk churns to Manchester dairies, and returned with corn supplies for local farms. Ken Irlam takes over His son, Ken Irlam, later took over the running of the firm. In 1964 the firm operated from just one truck. Passing to the grandsons The business later passed to Ken Irlam's four sons, David Irlam, Michael Irlam, Andrew Irlam and Stewart Irlam. David Irlam became Chief Executive, Michael Irlam became Managing Director, Andrew Irlam became Operations Director and Stewart Irlam became Finan ...
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Reverse Takeover
A reverse takeover (RTO), reverse merger, or reverse IPO is the acquisition of a public company by a private company so that the private company can bypass the lengthy and complex process of going public. Sometimes, conversely, the public company is bought by the private company through an asset swap and share issue. The transaction typically requires reorganization of capitalization of the acquiring company. Process In a reverse takeover, shareholders of the private company purchase control of the public shell company/ SPAC and then merge it with the private company. The publicly traded corporation is called a "shell" since all that exists of the original company is its organizational structure. The private company shareholders receive a substantial majority of the shares of the public company and control of its board of directors. The transaction can be accomplished within weeks. The transaction involves the private and shell company exchanging information on each other, neg ...
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Initial Public Offering
An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investment banks, who also arrange for the shares to be listed on one or more stock exchanges. Through this process, colloquially known as ''floating'', or ''going public'', a privately held company is transformed into a public company. Initial public offerings can be used to raise new equity capital for companies, to monetize the investments of private shareholders such as company founders or private equity investors, and to enable easy trading of existing holdings or future capital raising by becoming publicly traded. After the IPO, shares are traded freely in the open market at what is known as the free float. Stock exchanges stipulate a minimum free float both in absolute terms (the total value as determined by the share price multiplied by the ...
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Stobart Group
Esken Limited (), formerly Stobart Group Limited, is a British infrastructure, aviation and energy company, with operations in the United Kingdom and Ireland. The company is registered in Guernsey but has its operational head office in London, England. The company originally started in January 2002 as the Westbury Property Fund Limited, a closed-ended real-estate investment fund. In August 2006, realising that property prices were reaching the peak of the market, the Westbury Property Fund decided to re-position its portfolio towards the logistics sector, buying Weston Point Docks in Runcorn, AHC Warehousing and the rail operations of Victa Westlink Rail in March 2007. It then agreed an asset swap deal in August 2007 with the privately owned investment company WA Developments, whereby Westbury would sell 90% of its non-logistics related property portfolio to WA Developments in return for its Eddie Stobart Ltd subsidiary. Eddie Stobart Chairman Andrew Tinkler became CEO, wh ...
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Appleby-in-Westmorland
Appleby-in-Westmorland is a market town and civil parish in the Eden District of Cumbria, England, with a population of 3,048 at the 2011 Census. Crossed by the River Eden, Appleby was the county town of the historic county of Westmorland. It was known just as Appleby until 1974–1976, when the council of the successor parish to the borough changed it to retain the name Westmorland, which was abolished as an administrative area under the Local Government Act 1972. It lies south-east of Penrith, south-east of Carlisle, north-east of Kendal and west of Darlington. History The town's name derives from the Old English ''æppel-by'', meaning "farm or settlement with apple trees". St Lawrence's Parish Church is recorded in the National Heritage List for England as a designated Grade I listed building. Appleby Castle was founded by Ranulf le Meschin in the early 12th century. The Borough followed by royal charter in 1179 and its Moot Hall was built about 1596. Surviving t ...
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WA Developments
XYZ Rail Limited (formerly W.A. Developments Ltd. and Stobart Rail Limited and trading as XYZ Rail & Civils) is a railway maintenance and infrastructure engineering company in the United Kingdom. History The original company XYZ Rail & Civils was founded on 25 May 1993 by William Andrew Tinkler as W.A. Developments Civil Engineering in Cumbria, with an initial capital investment of £500. The company was involved in civil engineering and railway infrastructure project contracts. The company gained a contract with Railtrack (now Network Rail). The business was incorporated as W.A. Developments Ltd. The company's original registered office was in Gosforth, Cumbria Acquisition of Eddie Stobart W.A. Developments Ltd.'s parent company, WA Developments (International) Ltd (a company jointly owned by Andrew Tinkler and William Stobart), acquired Eddie Stobart Limited, the UK's largest haulage contractor, in February 2004. Following WA Developments' decision to merge Eddie Stobart Limit ...
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Burnaston
Burnaston is a village and civil parish in the South Derbyshire district of Derbyshire, England. It is about southwest of the city of Derby and has a population of 1,531. It contains the headquarters and vehicle manufacturing plant of Toyota Manufacturing UK, built on the site of the former Derby Airport. Demography The population of the civil parish at the census of 2011 was 1,531. Geography The village has road links with nearby cities Derby and Nottingham, as well as the city of Birmingham, approximately south along the A38 dual carriageway. History Burnaston House was originally the home of the Every family including Ashton Nicholas Every Mosley, who was the High Sheriff of Derbyshire in 1835. The house became the social centre and clubhouse for Derby Aero Club and Derby Aviation in the 1940s, when the grass field to the south east was operated as Derby Airport. The house was eventually demolished in March 1990 to make way for the car factory, which opened nearly three ...
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