Palletline has announced the board appointment of Paul Elson to head up its logistics business which consists of five companies, effective 1st May 2019.
During the last four years Palletline has acquired four transport businesses, S&S Distribution, Mike Watson Transport, ABE Ledbury and Fast Forward Distribution which, together with Palletline London, forms Palletline Logistics Ltd a fully owned subsidiary of Palletline Ltd.
In addition to the strategic intent of ensuring continuity of service across the UK, the company has expressed its desire to focus on the continued growth of these businesses and affirm their importance within the logistics sector. With annualised turnover having now exceeded £30m, following the most recent acquisition, Palletline Logistics is firmly placed within the top 100 transport companies in the UK.
Paul has over twenty years’ experience within the transport sector, having held management roles within large scale operations covering network distribution, third party logistics and hazardous waste and fuel distribution.
Paul commented, “I am looking forward to a new set of challenges and firmly believe I will be able to further build on the current success of Palletline Logistics and steer its profitable growth in the coming months and years for the benefit of the wider Palletline community”.
Graham Leitch, Group Managing Director of Palletline added, “We welcome Paul’s knowledge and experience to the board, reaffirming our commitment to developing the business by investing in the talent necessary to deliver results. Palletline Logistics has emerged as a major contributor to the UK logistics sector in its own right, and we are proud of our achievements thus far, however we are looking forwards and towards continued growth under Paul’s leadership”.
Palletline has stated that there are no further acquisitions planned in the short-term, but has stressed it is able to act quickly when opportunities arise, which are clearly to the benefit of its shareholder members.