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Elite Transport Services acquired by Deben Transport

  • 29 April 2013
  • By Christopher Walton

Troubled container specialist Elite Transport Services has been acquired by Felixstowe-based Deben Transport.

Elite Transport Services had been trading under terms of a company voluntary arrangement (CVA), however administrators BDO stold Commercialmotor.com that they were appointed earlier this month after the loss of a major customer at the struggling container haulier.

Ivan Chittock, financial director at Deben, said: “This important development for Deben will place the company in a stronger position with more resources, increased depot coverage and a greater customer base.”

He added that the deal will give Deben a fleet of approximately 200 trucks and 300 trailers based out of 10 depots. It is understood that the deal will see all jobs at Elite Transport secured.

It is not the first time Deben has made moves in the market. In May 2012 Deben took on some of the work handled by failed multi-modal operator Catalyst Road and Rail.

Buy Commercial Motor on Thursday 2 May for more details on this breaking story.

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Article source: http://www.commercialmotor.com:80/latest-news/elite-transport-services-acquired-by-deben-transport