Primary backs management buy-in of Cenargo Logistics
Primary has backed the management buy-in of the logistics arm of the Cenargo Group of Companies (in administration). The Stockton-on-Tees based business will be renamed InBond Limited.
The business operates from a unique facility at Eaglescliffe, near Stockton on Tees, offering half a million sq. ft. of warehousing and accommodation on its 112-acre site. Prior to its acquisition by the Cenargo Group in 1999, the facility was a Ministry of Defence logistics facility and was therefore highly specified and well invested. The business offers integrated supply chain solutions to its customers including value added pick and pack services for home delivery and bulk logistics. Major customers include Virgin Vie, Virgin Wines, Beringer Blass and Samsung. As a designated Inland Clearance Depot, the Eaglescliffe site is fully UK Customs and Excise approved allowing for bonded and excise ware.
Contact Jackie Adams for more information
Tel: +44(0) 20 7920 4800