ArrowXL To Be Put Up For Sale

ArrowXL is being prepared for sale by the administrators of its parent company, Logistics Group Limited (LGL), which collapsed in March this year with debts of over £150m, reports Carol Millett.

According to a document recently lodged at Companies House, LGL’s administrators are preparing to sell off ArrowXL for around £57.5m.

The Wigan-based company, which specialises in two-person deliveries, is LGL’s one remaining asset, following the group’s sale of parcel delivery giant Yodel to consortium YDLGP, in February, just one month before the group collapsed. 

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