Kinaxia Logistics acquires Nelson Distribution
THE DEAL follows Nelson Distribution’s parent company KNP Logistics Group filing a notice to appoint an administrator on September 22.
This will secure the jobs of all 170 staff employed in the business, and the service to Nelson’s customers will be uninterrupted.
Nelson Distribution, which is based in Belper, Derbyshire, merged with Knights of Old in 2016 and generates annual turnover of £26m. KNP Logistics Group comprises Knights of Old, Nelson Distribution and Steve Porter Transport.
Kinaxia has stepped in to acquire Nelson Distribution’s 117-strong fleet, premises and customer base. All 170 Nelson Distribution staff are transferring to Kinaxia under TUPE arrangements.
