Monday, May 21, 2012

Rail and Road Haulage Group Acquires Pallet Networking and Warehousing Company

Potter Group Takes Over Near Neighbour Logistics Outfit
Shipping News Feature

UK – Potter Group Logistics, the privately owned group which started life as a small road haulage outfit and was one of the first independent British transport operators to make the move into rail cargo, has acquired House of James Transport Ltd, the York based logistics and pallet network operator for an undisclosed sum. The purchase will push up Potter Group Logistics’ turnover by 50% to around £22m and the acquisition adds 100,000 sq. ft. of warehousing plus 35 vehicles and 55 trailers to the group fleet.

As one of the leading UK terrestrial transport operators Potter’s are already members of the Freight Transport Association (FTA) and United Kingdom Warehousing Association (UKWA) as well as the Rail Freight Group (RFG) and the move seems a logical one as the two companies are virtually neighbours, Potter’s being headquartered at nearby Ripon. Simon Gill, who was managing director of House of James, will remain with the combined businesses as commercial director and Matthew Lamb, Potter Group Logistics’ managing director commented:

“The House of James is a good fit with our existing business and we are looking forward to growing the combined businesses. The acquisition will enable us to offer our existing customer base improved services and will allow us to create new opportunities for Potter Group Logistics enhancing our position in the value added logistics market.”

Photo: Left to right; Matthew Lamb of Potter Group Logistics, Simon Gill of House of James Transport