Truck and Track Summer 2021

Truck and Track Summer 2021 www.truckandtrack.com 40 Culina Group, the market-leading provider of shared-user FMCG logistics services, has announced an agreement to take over GreenWhiteStar Acquisitions. The terms of the agreement, including consideration, have not been disclosed. GreenWhiteStar Acquisitions comprises Eddie Stobart, Eddie Stobart Europe, iForce, The PalletNetwork, and The Logistics People. With an overall turnover of more than £2.2 billion, a combined workforce of around 22,000 staff, approaching 20 million sq ft of warehousing and a joint fleet of more than 5,500 vehicles, Culina Group has significantly strengthened its market leading position in the FMCG Logistics Sector with this acquisition. GreenWhiteStar Acquisitions will benefit from private ownership with protection of their brands for years to come. Themovewill also provide job retention, investment, andwill bring an entrepreneurial spirit. “GreenWhiteStar AcquisitionsandCulinaGrouparecomplementary businesses, two very strong organisations with great reputations in the industry and with similar cultures. This is an excellent fit which is going to be fantastic for both our staff and for our clients, whilst making Culina Group the largest FMCG logistics provider in the UK,” said Thomas van Mourik, Culina Group CEO. “It goes without saying that we are acquiring some excellent contracts, facilities and people. This move significantly expands our Major Culina Group acquisition creates a £2.2 billion FMCG logistics business CULINA GROUP ACQUISITION