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Eddie Stobart sets sights on Europe

Eddie Stobart sets sights on Europe

Eddie Stobart Logistics (ESL) only floated a year ago, but it’s not unfamiliar with life on the public market. It was spun out of Stobart Group (STOB) in April 2017. Since becoming its own entity, it has completed acquisitions of e-fulfilment specialist iForce, freight service Speedy Freight and driver services company Logistic People in an effort to broaden its capabilities. The purchase of iForce has made Eddie Stobart a key player in the e-commerce sector, increasing sales there from around £49m to £130m.

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