Aberdeen-based transport company ARR Craib Transport Ltd, has been acquired by Gregory Distribution (Holdings) Ltd.
ARR Craib which also has operations in Cumbernauld, Stockton and Great Yarmouth has a £50m turnover, over 275 vehicles and more than 400+ staff.
The Gregory group has numerous operations throughout the UK and has a turnover in excess of £180 million, 2000 staff and operates over 750 vehicles.
This acquisition will add significantly to its Scottish operations giving the group a strong market presence in both Scotland and South West England.
Eddie Anderson said: “As two private, like minded, companies operating in similar sectors it seemed an excellent opportunity for Craib’s to become part of a larger organisation. We feel very comfortable with the arrangement and look forward to Craib’s prospering beside Gregory’s.”
John Gregory said: “We are very pleased that Eddie Anderson will be staying on as Chief Executive of Craib’s which will remain as an independent company. Our companies are culturally aligned and share the same principles. This coupled with Eddie’s relationship with his customers, his vast knowledge and experience and his enthusiasm for our industry make this a perfect addition to our ever developing group.”