Xpediator PLC's (LON:XPD) newly appointed CEO Robert Ross announces the acquisition of Yorkshire based freight firm Nidd Transport for £4.6m.
Ross explains the advantages of having a company which is a specialist in daily express delivery which he hopes will bring immediate cross-selling opportunities.
The deal includes freehold property, the headquarters and warehouse worth £2.1m and the business currently employs 65 people and has a fleet of 45 vehicles.