TIBBETT & BRITTEN ACQUIRES U.S., DUTCH DISTRIBUTION COMPANIES

TIBBETT & BRITTEN ACQUIRES U.S., DUTCH DISTRIBUTION COMPANIES

   Tibbett & Britten Group PLC, the major U.K.-based international logistics group, is taking over the distribution activities of U.S.-based EFL Transportation and the transport and distribution operations of the Remijsen group, of the Netherlands.
    The term of the two separate takeovers were not disclosed.
Tibbett & Britten said that the acquisitions will reinforce its presence in the Netherlands and the U.S.
    The British group is acquiring the assets of Hayward, Calif.-based EFL Transportation, a company providing distribution services to Gap and a number of other apparel retailers in Northern California. This is Tibbett & Britten’s first apparel-related acquisition in North America, where Tibbett & Britten Group North America already employs over 10,000 people.
    The Dutch Remijsen group’s transport and distribution business operates in the Dutch grocery sector and generates annual revenues of 27 million Dutch guilders ($13 million).
    In a separate development, Tibbett & Britten announced the conditional takeover of the Fort Worth distribution operations of Winn-Dixie. This transaction is contingent on the Kroger Co., the grocery retailer, obtaining Federal approval for its acquisition of the Texas division of Winn-Dixie, which operates 74 stores. Kroger is a customer of Tibbett & Britten in the U.S.

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