Kinaxia Logistics has announced the acquisition of Bristol based, David Hathaway Transport. This marks the first South West based purchase, strengthening the Kinaxia Group’s geographical footprint alongside its: North West, North East Midlands, South, South East and East Anglian counterparts.
inaxia Logistics Director, Peter Fields, explained: “As we set out at the start, Kinaxia’s strategy has been to acquire successful, professionally operated, service-focused, family-owned companies and our purchase of David Hathaway Transport Limited to give us a foothold in the South West should not really come as a surprise to anyone. Our focus can now shift to developing the improved services and efficiencies that a broad-based national haulier can offer”.
Matthew Hathaway, MD David Hathaway Transport Limited commented “With my father wanting to retire, joining the Kinaxia group was a natural decision for DHTL, the Kinaxia strategy is one that we can truly identify with and we feel that our service-focused values and aspirations to grow, fit perfectly with Kinaxia.
DHTL shares the same vision and aspirations as the rest of the Kinaxia Group companies and, as with all previous Kinaxia acquisitions, all management & staff will be retained. We are proud to be joining Kinaxia and look forward to develop additional services providing further opportunities for growth, whilst maintaining the values and strengths of the business that we have grown over the last 43 years.”
Originally founded by David Hathaway, DHTL started in 1976 with one vehicle collecting bulk coal from South Wales. David grew this business until 1985 when he moved out of delivering coal and focused on developing the haulage business that formed the basis of DHTL today. David’s sons Matthew (Managing Director), James (Fleet and Warehousing Director) and Christopher (Quality Director) successively joined the business and, alongside Michelle Crocker (Finance Director), form the core management team that will join Kinaxia. Guided by David’s original vision of providing excellent customer service, the business grew rapidly and successfully to employ around 130 staff with a fleet of 65 vehicles and 100 trailers. DHTL also operates from two sites (Yate, near Bristol and Royal Wooton Bassett, near Swindon) and has a total warehouse capacity of around 190,000 sq ft.
Given its strategic location, DHTL is a member of the Palletforce, Palletline and PartnerLink pallet networks.
Peter Fields commented: “Kinaxia’s strategic intent remains for its companies to stay within any networks that the acquired business originally aligned themselves to. Since we started, our actions and operations have demonstrated that we pose no threat to the existing pallet networks and are committed to work in partnership with those networks who want to retain the high quality members that we acquire.
Kinaxia’s acquisition of 12 companies, currently in 5 different networks, means that, in contrast to single-company members, it would be virtually impossible for us to move our existing companies into a single network. As such, the larger we get, the higher the benefits and the lower the risk we present to our network partners. We also offer to provide additional benefits to all network members, through enhanced financial stability, increased growth rates and the possibility of sharing Kinaxia resources to optimise network costs and reduce potential caretaker costs.”