15/11/2002
Leading Portadown haulage company sold
It has been announced that the Portadown-based haulage company, Dukes Transport, has been sold.
The leading Northern Ireland haulage company was sold after its directors Winston and Ronnie Duke decided to retire.
The company has been bought by fellow Northern Ireland haulage firm, Montgomery Transport, in a deal which is expected to result in a consolidated turnover in the region of £70 million.
A Montgomery Transport statement said it had acquired Dukes in order to strengthen the company's long-term position in the marketplace and "create a significant opportunity to improve the quality and range of services to existing and potential customers".
The new group will have a combined fleet of 400 vehicles and 1,400 trailers with plans to build on the long-established name of Dukes.
(MB)
The leading Northern Ireland haulage company was sold after its directors Winston and Ronnie Duke decided to retire.
The company has been bought by fellow Northern Ireland haulage firm, Montgomery Transport, in a deal which is expected to result in a consolidated turnover in the region of £70 million.
A Montgomery Transport statement said it had acquired Dukes in order to strengthen the company's long-term position in the marketplace and "create a significant opportunity to improve the quality and range of services to existing and potential customers".
The new group will have a combined fleet of 400 vehicles and 1,400 trailers with plans to build on the long-established name of Dukes.
(MB)
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Northern Ireland WeatherToday:After a dry start this morning rain will spread from the northwest across all parts. This afternoon will be dull with some patchy rain and drizzle. Becoming much milder through the afternoon. Maximum temperature 11 °C.Tonight:A cloudy evening and night with a little light rain or drizzle, perhaps some clear periods developing along the east coast. A very mild night everywhere. Minimum temperature 10 °C.