Liverpool-headquartered Bibby Distribution has completed the acquisition of transport and warehousing company Taygroup for an undisclosed sum.
The deal will raise the group’s turnover by approximately 10 per cent to more than £200m and add an extra 300 vehicles to its fleet.
Taygroup operates from a head office in Bedfordshire, as well as sites in Wigan, Cardiff and Melksham. Its shareholders Jon Wright and Lloyd Dennaford will remain with the business. In the year to 31 March 2009, Taygroup Limited reported a pre-tax profit of £1.5m, against a turnover of £23.5m. it will now be rebranded as Bibby Distribution.