Gregory Distribution has acquired Framptons Transport Services through the purchase of its parent company PF Holdings for an undisclosed sum.
Framptons, based in Shepton Mallet, Somerset, will operate as a stand-alone business unit within the distribution area of the Gregory Group. It has an annual turnover of around £17 million, employs 245 people and operates 60 vehicles providing transport services including contract distribution and UK and European pallet delivery. The acquisition includes over 220,000 sq ft of warehouse space in Shepton Mallet.
Andrew Frampton, for Framptons Transport Services, said: “Our company’s diversification in recent years from pure haulage into a warehousing and distribution operation has led to significant growth in both turnover and employment numbers. We hope to expand and improve on our offering to our customers and realise more opportunities.”
Gregory provides transport and logistics services across the market, operating from 22 sites across the UK with 550 trucks.
John Gregory, CEO of Gregory Distribution said: “The Framptons business has a heritage and reputation which is similar to our own and we both share the same business ethos, so we will be keen to maintain the first-class standards already in place, and also to build on synergies between both businesses.”