Bedfords Transport has become the sole owner of LinQ Alliance after buying the balance of the shares in the business that it did not already own.
The Derby-based LinQ Alliance network was formed in 2003 as a way of bringing together 25 regional transport and distribution companies to bid for large national contracts.
Bedfords said the business would remain under the same name, managing its existing networks and assets.
“It is a logical move for us as we continue our move from being a regionally recognised haulier to a national one,” said Bedfords managing director Steff Pfadenhauer. “We doubled in size last year and hope to do so again within the next two or three years, and the purchase of LinQ Alliance is part of that growth strategy.
“We have been members and shareholders in LinQ Alliance from the start, recognising the worth of working together with like minded companies to provide cost effective supply chain management solutions,” said Pfadenhauer. “We will continue the good work of LinQ Alliance, servicing customers and working with partners as before.”
* Steff Pfadenhauer has been elected to the board of Palletforce. Palletforce Chairman John Brotherton said: “I am delighted to welcome Steff to the board and I am sure he will complement the existing directors.”