May 14, 2014
After the acquisition of Hopkinson Transport, tanker business Norbert Dentressangle is set to expand. The news comes after Norbert Dentressangle reached sales of more than €1.1 billion.
Hopkinson is a family-run business that currently has a fleet of 25 vehicles which store and transport bulk powder and PVC resin.
It’s based out of two locations in Newton Aycliffe, County Durham and Staveley, Cumbria and has repacking facilities at the latter site.
Norbert Dentressangle has bought the company as part of its plans to expand its presence in bulk polymer distribution. Currently, the company has 500 tankers in its fleet which distribute fuel, chemicals, plastics and foodstuffs.
Last year during the first quarter, Norbert Dentressangle Tankers saw an increase in sales of 13.6%, with their Logistics department providing the strongest growth at 19.8% increase. The chairman of the company, Hervé Montjotin said that this strong performance enables the company to be “confident” about the outlook for business volumes over the year.
Hopkinson currently employs 34 staff, both in the warehouse and part of an administrative team. The managing director, Mark Bingham will be joining the Norbert Desntressangle Tankers commercial team as part of the merger.
Ann Dawson, managing director of Norbert Dentressangle Tankers said that there was a strong fit between the two companies’ customers and operations, adding: “We look forward to welcoming the Hopkinson Transport team into Norbert Dentressangle, where we can develop the strengths of the combined businesses and grow our bulk transport and logistics opportunities.”