Suttons takes DHL’s Chemicals Business
UK transport company Suttons Tankers has agreed to acquire the domestic bulk commodity chemical business of DHL Supply Chain, part of Germany’s Deutsche Post group. Financial terms were not disclosed.
The acquisition primarily covers the transportation of chemicals from sites in Billingham, County Durham and Runcorn, Merseyside, in the UK. DHL will retain its dedicated services in packed chemicals, bitumen, lubricants and fuels.
Commenting on the acquisition, Michael Cundy, managing director of Suttons Tankers, said: “We see DHL’s bulk commodity chemical business as complementary to our existing offer and in line with our strategic commitment to this market.”
Outside the UK, the Cheshire-headquartered company operates in continental Europe, the Middle East, USA and Asia, supplying transportation, logistics and other value-added services such as drumming and warehousing for the fuels, gases, chemicals and food sectors.
