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Transport - 1997

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1997

1996


Stagecoach has acquired South Yorkshire Supertram, which operates around Sheffield, for £1.15m.
22-Dec-1997


National Express has bought Group Bronckaers, the Belgian bus operator with 104 vehicles, for up to £4.2m.
19-Dec-1997


Hutchison Ports (Europe) is acquiring Thamesport on the Isle of Grain from Rutland Trust for £112m, and the port could now be expanded to handle 1.5m containers a year.
18-Dec-1997


Cenargo Fast Ferries has launched a £14.9m bid to acquire Scruttons, the shipping, engineering and security services company.
18-Dec-1997


Arriva, previously known as Cowie, is acquiring London Coaches, the operator of the Original London Sightseeing Tour, from Pullmans for £5m.
10-Dec-1997


Ocean Group is acquiring a 67% stake in Intexo, the Dutch logistics company, for undisclosed terms, and is looking to acquire additional companies for up to £50m.
02-Dec-1997


KLM, the Dutch airline, is to set up a reservation call centre at Norwich airport, which will create 250 jobs over the next three years.
18-Nov-1997


British Airways has announced plans for the launch of a cut-price airline based initially at Stansted airport, which will create 150 jobs.
18-Nov-1997


FirstBus is to acquire a 51% stake in Bristol International Airport for £40m, and will help fund a £25m terminal that will increase capacity from 1.8m to 3m a year.
11-Nov-1997


British Airways is planning a 25% increase in capacity at Gatwick airport next year, creating 500 cabin-crew and customer service jobs.
24-Oct-1997


British Airways is to sell its Heathrow in-flight catering operation to Gate Gourmet, part of the Swissair group, for £65m.
09-Oct-1997


Rentokil Initial has sold United Transport Tankers of the Netherlands to Den Hartogh for £4m.
08-Oct-1997


Jacobs Holdings has acquired Tiptoe, the car transportation company, for £2.7m.
03-Oct-1997


Hogg Robinson has sold its transport division to management for about £16m.
30-Sep-1997


London & Overseas Freighters, the tanker group based in Bermuda and listed in London, is preparing to merge with Frontline, the Norwegian shipping company.
23-Sep-1997


International Maritime Group has acquired Stephenson Clarke Shipping, the Tyneside ship-owner, for £47m, and plans to develop into the largest integrated maritime transport group in Europe.
17-Sep-1997


Christian Salvesen has announced plans to demerge its Aggreko equipment hire business, which will be valued at about £390m, leaving Christian Salvesen to focus on logistics and food service.
03-Sep-1997


Hays has agreed a £100m five-year contract to distribute goods to Shell's petrol station convenience stores, creating over 400 jobs at five distribution centres.
29-Aug-1997


Tibbett & Britten has bought Neptune Freight, the Irish logistics company with sales of about £3m.
28-Aug-1997


Hays is expanding its European logistics business with the acquisition of FDS in France and van der Heijden in the Benelux from Mayne Nickless for £72m.
21-Aug-1997


Hays has won a £100m contract to supply shops on BP petrol station forecourts, creating up to 500 jobs at its Milton Keynes distribution operation.
07-Aug-1997


GE Capital of the US is to acquire Central Transport Rental Group for £118m, creating the largest trailer rental group in Europe.
30-Jul-1997


Transport Development Group is acquiring NFC's seven remaining cold stores for £11m in order to expand its temperature-controlled distribution business.
22-Jul-1997


Thrall Car Manufacturing Company of Chicago is to reopen the former Adtranz rolling stock factory in York to make rail wagons, employing 300 people.
16-Jul-1997


FirstBus is acquiring Southampton Citybus in a £11m deal, giving it a fleet of 152 buses, 16 of which are gas-powered.
08-Jul-1997


Global Group's port services division has been sold to management for £4.1m, and will be called Global Shipping Services Group.
24-Jun-1997


Jarvis has acquired Fastline, the rail track renewal company, for £50m, and is also buying the outstanding 50% of Relayfast for £5m.
20-Jun-1997


Tibbett & Britten has launched an agreed £17m bid for Applied Distribution Group, the rival distribution company.
14-May-1997


Thrall Car Manufacturing Company of the US is planning to open a UK plant to make 2,500 rail freight wagons over the next five years, and is looking for a suitable site.
25-Mar-1997


Ocean Group is planning to sell its flotilla of offshore-support vessels to Tidewater of the US for £328m, and will use the proceeds for acquisitions.
21-Mar-1997


British Airways is moving its Latin American services from Heathrow to Gatwick airport, where it will create 700 jobs.
14-Mar-1997


Virgin Group is to set up a customer service and telesales centre in Edinburgh to serve its rail operations, employing an initial 250 people.
26-Feb-1997


Forward Trust, the leasing group, has acquired the Eversholt train leasing company for £788m.
20-Feb-1997


FirstBus has launched a £54m agreed takeover bid for CentreWest, the London bus operator, and plans to upgrade their fleet of buses.
20-Feb-1997


Jacobs Holdings has acquired Ropner, the shipping, property and engineering concern, for about £34m.
06-Feb-1997


Sema Group has acquired BR Business Systems, the train ticket and timetable concern, for £27m, and plans to win rail contracts in other countries using the skills of BRBS.
04-Feb-1997


National Railway Supplies, the provider of equipment for track maintenance, has been sold to a management buy-out with the backing of Unipart.
04-Feb-1997


British Airways is selling its ground fleet services at Heathrow and Gatwick to Ryder System of the US, and will rent the vehicles back.
29-Jan-1997


Parcelforce is to set up two new parcel handling centres in Coventry at a cost of £100m, creating 700 jobs.
23-Jan-1997


Hays has acquired North & South Installations, the transporter of refrigeration units for retailers, for an initial £4.5m.
21-Jan-1997


Hays is to acquire Daufenbach, the German logistics company, for up to £30m in order to expand its European distribution network.
03-Jan-1997