October 15: UK-based logistics specialist Bibby Distribution has entered the canmaking business with the acquisition of TM Logistics in an agreement adding an additional £31 million of business to its annual turnover.
Worcestershire-based TM Logistics, which provides shipping services for the leading beverage canmakers in the UK – Ball, Can-Pack, Crown and Rexam – will gradually be merged into Bibby Distribution’s UK operations.
Iain Speak, chief executive of Bibby (pictured), explains the reasons behind the acquisition: “TM Logistics is a highly capable and respected operator with an ethos similar to our own and a significant number of high quality contracts.
