Drac Acquires Caledonian To Strengthen Container Operations

STAFFORDSHIRE based Drac Logistics has purchased Aberdeenshire haulage firm Caledonian Logistics for an undisclosed sum, writes Carol Millett.
The acquisition sees Stoke headquartered Drac Logistics expand its footprint in Scotland, where it operates an office in Falkirk.
The group, which employs 45 staff, will transfer the four staff based at its Falkirk office to the Caledonian Logistics site in Cumbernauld.
Caledonian Logistics, which has 145 employees and operates a fleet of 90 trucks, runs depots at its headquarters in Kintore, as well as at Oldmeldrum, Inverness and Cumbernauld. It also owns a parking yard in Lockerbie.
Drac owner and chief executive Alex Hayes said the acquisition allowed his company to set up a Caledonian Logistics container haulage division, based in Grangemouth and Aberdeen. This will see a £600,000 investment for an additional fleet of 10 vehicles and 14 skeletal trailers.
“Caledonian Logistics has a fantastic name for service and that attracted us in the first place. Secondly, we have a strong Scottish customer base and do a lot of food products out of Scotland for European and overseas markets.
“There’s a shortage of container transport within Scotland, like there is all over the UK and Europe.”
The acquisition was triggered by the decision by Caledonian owner Derek Mitchell to retire. He will continue as a director until his retirement in December.
Derek Mitchell said: “Drac are currently involved in import and export and will expand the business into these fields.”

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