Thursday 23rd Mar 2017 - Logistics Manager

06 Stobart

Eddie Stobart flotation to fund e-commerce growth

Eddie Stobart is to float on the AIM market in a move that is expected to raise £130 million for the company. The company intends to use some of the money to complete a bolt-on acquisition to complement its activities in the e-commerce sector.

Vanderlande exterieur

Toyota to acquire Vanderlande

Toyota Industries Corporation has signed an agreement to acquire automation specialist Vanderlande from NPM Capital, in a deal that reflects Toyota’s ambition to increase its presence in automated material handling.

LM1703 cover w340

Look out for the March issue

The March 2017 edition of Logistics Manager is now out in print and online. It is also available on iPad and Android.

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Nisbets picks Menzies for store deliveries

Nisbets, the catering equipment supplier, has chosen Menzies to deliver weekly supplies of goods from its national distribution centre in Avonmouth, to its stores across the UK.

SAP to develop AI procurement bot

SAP Ariba is to develop an “enterprise digital procurement bot” powered by artificial intelligence for its cloud-based applications.