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Birmingham Post
Birmingham Post
Business
Hannah Baker

Devon transport and logistics company secures millions of pounds for expansion

A Devon-headquartered transport company has secured a multimillion-pound package of funding to support its business growth plans.

Gregory Group, one of the UK’s largest logistics and distribution businesses, is headquartered in Cullompton but operates a network of hubs across the country. The group employs more than 3,000 staff at over 40 sites and its fleet includes 1,000 vehicles and 1,900 trailers, of which over 300 are temperature controlled.

The family-owned firm, which was founded more than 100 years ago, is planning to use the cash injection to acquire extra properties, increase working capital and invest in new Euro VI compliant vehicles and hydrogenated vegetable oil (HVO), it said.

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