Haulage firms merge
Aberdeenshire haulage and logistics operator ARR Craib Transport has struck a deal to acquire fellow North-east business Mccaul Haulage for an undisclosed sum.
The agreement covering the employees, trading assets and trade of Mccaul has been concluded following the decision of founding owner Tim Mccaul to retire from the business.
The majority of the staff will move to Dyce-based ARR Craib, which already employs a workforce of 430 across its four locations nationwide. There have been no redundancies as a result of the deal. ARR Craib has also bought Mccaul’s fleet of heavy goods vehicles.
Mccaul Haulage has been serving clients in a wide range of sectors since its launch in the early 1970s.
Eddie Anderson, chief executive of ARR Craib, said the takeover deal offered an opportunity to carry on the legacy of a company which has been a “driving force for the haulage industry” in the North-east.
He added: “Mccaul Haulage has a first-class reputation amongst its diverse client group for its very high standards of service delivery. When we learned that Mr Mccaul planned to retire from the business, we recognised it as an exceptional opportunity to provide continuity for the staff and customers.
“We wish Tim the very best for his retirement and hope he takes great pleasure in knowing he steps down while leaving the company in excellent shape.”
ARR Craib was launched in 1983 following the merger of Aberdeen Road Runners and sole trader George Craib. The company has a fleet of more than 300 vehicles and trailers operating from several bases and distribution hubs.