Culina buys Great Bear
FMCG logistics services provider Culina Group has announced an agreement to take over Great Bear Distribution. With an overall turnover of more than £400m, a combined workforce of around 5,000 staff, close to 7.5 million square feet of warehousing and a joint fleet of more than 600 vehicles, Culina has given its position in the Ambient Logistics Sector a significant boost.
The acquisition also extends the existing Culina network to 50 distribution centres in the UK, following the addition of the 32 facilities currently owned and operated by Great Bear.
In a statement issued today (1 March), Culina said it will finalise the details of the acquisition in the coming weeks.