Southampton-based shipping firm Acclaim Logistics has acquired Isle of Wight company Steve Porter Transport Group, based in Cowes, it was reported.
Nearly 20 of the Steve Porter team, including former managing director, Malcolm Gibson, have been reportedly taken on by Acclaim.
READ MORE: Red Funnel reveals updated East Cowes plans
The parent company behind Steve Porter Transport entered administration in September this year.
Acclaim Logistics has also absorbed the former firm’s Cowes depot, increasing its warehouse space from to 15,000 sq ft from 8,000 sq ft, it was also reported.
Thomas Flood, the managing director of Acclaim Logistics was quoted as saying the expansion enhanced the company’s “capacity to meet growing demands” and further solidifies its commitment to “providing efficient and reliable logistical solutions for Island-based businesses”.
Independently owned Acclaim Logistics said it offers a range of distribution services which cater for single documents to full artic loads.
Visit Hampshire Biz News for bright, upbeat and positive business news from the county
Giles Gwinnett is a writer at The Business Magazine. He has been a journalist for more than 20 years and covered a vast array of topics at a range of media settings – in print and online. After his NCTJ newspaper training, he became a reporter in Hampshire before moving to a news agency in Gloucestershire. In recent years, he has been covering the financial markets along with company news for an investor-focused web portal. His many interests include politics, energy and the environment. He lives in Dorset.
Leave a Reply