The Westbury Property Fund Limited (Westbury), the commercial property and ports company, announces a proposed merger1 with Eddie Stobart Group (Stobart Eddie), one of the most famous brands2 in the UK. The new, larger company as Stobart Group Limited will be known to have net assets of over £ 250. The merger combines two companies, the great commercial and environmental benefits of combining road transport and storage with rail freight and waterborne transport systems to see,and thus offers customers a truly integrated transport and logistics solution. Westbury brings a port development site in Runcorn, a rail freight operating business and a rail terminal in Widnes. Westbury has a strong balance sheet, an experienced Board and an established leading investors from some of the City. Eddie Stobart has a modern, well-invested fleet of more than 1,500 trailers and 900 trucks (tractor), each with their baptism, unique female name. The company has alsoapproximately 2.6 million square meters of warehousing space in a network of more than 27 operational sites (including 10 customer sites) in the UK and a site in Belgium, and its own railway system. Since 2004, Eddie Stobart has run by the founders son, William Stobart and his school friend and business partner Andrew Tinkler has been. Eddie Stobart will continue with the same strong management group, with Andrew Tinkler ever Chief Executive Officer and William Stobart's chief operatingOfficer ...
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