Southern expansion for Clipper after £12m acquisition
Logistics firm Clipper has snapped up a distribution business in a deal worth just under £12m.
Leeds-based Clipper has bought Tesam Distribution for £11.75m and the deal will see the group expand its operations down south. Previously acquisition-shy, one of its last acquisitions was Servicecare Support Services which it bought for £5.7m in December 2014.
Tesam supplies warehousing and distribution services to the retail sector, operating from three sites in and around Peterborough, and employs around 250 people.
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