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Palletforce has acquired UK Freight Masters, the London-based shipping firm.

Palletforce is to expand the 180-strong workforce at its logistics hub in Burton with 70 new jobs, as part of a multi-million pound investment.

Palletforce is to invest £20m in a 240,000 sq ft expansion of its distribution centre in Staffordshire.

Palletforce, the Staffordshire-based pallet network operator with 4,500 staff, is to be acquired by private equity firm EmergeVest of Hong Kong for £30m.

Palletforce is to create about 100 jobs at its new £30m 380,000 sq ft distribution centre due to open in Burton early next year.

Palletforce is in negotiations to set up a 400,000 sq ft headquarters and distribution centre at RD Park in Burton-upon-Trent.