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Potter bows out of logistics
[ October 26, 2016 // Chris ]Rail and road logistics operator is to transform itself into a property firm after it announced the sale of its warehousing and transport operations at five sites to WH Bowker. The five sites are Droitwich, Knowsley, Ripon, Selby and York.
The acquisition makes WH Bowker one of the largest UK players in specialist chemicals logistics, healthcare and food warehousing and distribution. It will have a fleet of over 200 trucks, 450 trailers, and more than a million square feet of warehousing, employing more than 750 people.
Potter Group (Holdings) said it would become a property investment company focusing on the development of its extensive land assets.
WH Bowker director Bill Bowker (pictured left) said: “Potter Logistics is a highly successful family-owned business with a reputation for quality and excellence in service across a range of specialist road transport and warehousing sectors, evidenced by the numerous awards it has won in recent years.
“Derrick Potter, his management team and staff have built industry-wide respect for their logistics expertise and the company provides an excellent fit with our expansion strategy. Both businesses are committed to a long term working relationship supporting and growing customer operations, while ensuring a smooth transition for all customers to the new commercial arrangement.”
Potter Logistics chairman Derrick Potter (pictured right) added: “As a well-recognised, family logistics business of 51 years standing, a key priority in recent years has been to look to the future of our excellent staff, as well as that of our customers, not simply at the legacy that we have built. We are confident that the Bowker family shares the same cultural ethos that will continue to deliver the same quality of care and to grow the business for the benefit of all concerned. We look forward to a fruitful long term partnership with them.”
