How much did Culina buy Eddie Stobart?

£2.2 BILLION

Who is the CEO of Eddie Stobart?

David Pickering FCILT -

How many trucks does Eddie Stobart own?

Now operating over 2,000 vehicles, c3,500 trailers and 43 operating centres throughout the UK, employing c6,500 people, we provide our services to a range of national and international customers.

Has Eddie Stobart been sold?

Eddie Stobart owner GreenWhiteStar Acquisitions has been acquired by Culina Group to create reportedly the UK's largest logistics provider.02-Jul-2021

Is Eddie Stobart in debt?

Eddie Stobart holding company cut losses to £15m and debts to £144m ahead of sale to Culina Group. Eddie Stobart's holding company GreenWhiteStar Acquisitions (GWSA), which was sold to Culina Group last week, made a £15m loss last year and had net debts of £144.5m.13-Jul-2021

What companies does William Stobart own?

Why do Eddie Stobart name their trucks?

For a long time Eddie Stobart continued the tradition of naming all of their trucks after females, but today the names are chosen due to their connections to the drivers or to commemorate their longest-serving employees.11-Mar-2020

Is the original Eddie Stobart still alive?

Death. On 31 March 2011, Stobart died very suddenly of a massive heart attack. He was rushed to hospital in Coventry but was pronounced dead on arrival.

Who is the biggest haulage company in UK?

Royal Mail PLC is the United Kingdom's market leader in industrial transportation based on revenue.29-Jul-2022

Who is the biggest trucking company in the world?

United Parcel Service (UPS)

How much does it cost to name an Eddie Stobart truck?

Promoted Stories. This is a rare opportunity as the seller claims that the last time the opportunity came about to bid on naming a Stobart it sold for £20,000. Once you have named the truck it will be on the road for three years and you will receive a canvas print of your truck.28-Sept-2016

Is Stobart going bust?

This weekend, Stobart Air suddenly ceased trading and called in liquidators after a rescue deal fell through. Stobart Air carried out 12 short-haul services for Irish airline Aer Lingus using ATR 72 aircraft.14-Jun-2021

Is Eddie Stobart still trading 2021?

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.Eddie Stobart Group.

Is Eddie Stobart changing its name?

Eddie Stobart Logistics plc, the Warrington-based logistics company, has changed its name to Logistics Development Group plc.

How did Eddie Stobart get so big?

Having started with eight trucks and 12 employees in 1976, by the turn of the century the fleet had expanded to about 1,000 trucks and 2,000 employees, with depots all over the country.01-Apr-2011

What happened to stobarts?

The owner of Cumbrian logistics firm Eddie Stobart has been sold for an undisclosed sum. The UK-based Culina Group has taken over Eddie Stobart's parent company, GreenWhiteStar Acquistions. GreenWhiteStar Acquisitions also comprises of Eddie Stobart Europe, iForce, The Pallet Network, and The Logistics People.05-Jul-2021

Are Eddie Stobart trucks still on the road?

The news does not mean that the Eddie Stobart trucking business is changing its name nor that the vehicles will leave the roads. It is business as usual here.14-Dec-2020

How much is Culina Group worth?

culina logistics limited Quick Valuation Pomanda estimates the enterprise value of CULINA LOGISTICS LIMITED at £298.4m based on Net Assets of £103.6m and 2.88x industry multiple (adjusted for liquidity).

Who owns Culina Group?

Culina Group/Parent organizations

How do you get an Eddie Stobart name?