- 7 October 2020
- Transport / Logistics Services
UK and European freight carriers Xpediator has acquired the UK international groupage freight forwarder Nidd Transport for £4.6 million.
Robert Ross, Xpediator CEO, commented, “We have known Nidd Transport for some time and its reputation for being an excellent regional freight forwarder. I am therefore delighted Tony has chosen to entrust us with the future of his business and all the people who work for Nidd. Our aim is simply to continue to grow the company and we are confident we can do so.
Our client bases are similar but do not have significant overlap and while our services our comparable our geographic focuses are different. There are therefore immediate opportunities to provide greater geographic coverage to both client bases and we expect both existing client bases to benefit from the enhanced service offerings.”
Tony White, Managing Director, Nidd, said: “It was important to me to find the right buyer for our Company and I believe we have done so, ensuring it’s long term success with a bright future for the loyal team of colleagues that have supported me over the years. While I am stepping away from the business I believe, by becoming part of the Xpediator Group, the future prospects for Nidd will be enhanced, in terms of continuing to provide our clients the high quality service they have enjoyed, together with being able to offer expanded services which will also create opportunities for the business to gain new clients.”